The disbursement rate of investment capital in 2024 of the Ministry of Agriculture and Rural Development is the highest in the country.

The Ministry of Agriculture and Rural Development is focusing on directing the acceleration of public investment projects in 2024.

Continuing to implement the direction of the Government, the Prime Minister and Resolution No. 44-NQ/BCSĐ and Resolution No. 55-NQ/BCSĐ of the Party Committee of the Ministry on the Medium-term Public Investment Plan for the period 2021 - 2025, at the beginning of the year, the Ministry of Agriculture and Rural Development issued Document No. 331/BNN-KH directing investors to implement and disburse public investment capital in 2024.

Accordingly, the Ministry of Agriculture and Rural Development requires investors to develop detailed plans to implement and disburse the 2024 planned capital assigned monthly and quarterly with the goal of disbursing the maximum planned capital for 2024; focusing on paying off debt volumes, recovering the maximum amount of capital advanced under contracts from 2023 and earlier.

The Ministry of Agriculture and Rural Development has also closely coordinated with the Ministry of Planning and Investment and the Ministry of Finance to allocate capital in accordance with regulations; at the same time, assign the 2024 capital plan early. Monitor each project and investor to strongly urge the implementation and disbursement progress.

In 2024, the Ministry of Agriculture and Rural Development was assigned VND 9,935.3 billion (domestic capital VND 8,428.7 billion, ODA capital VND 1,506.6 billion). By early July 2024, it is estimated that VND 4,652 billion will be disbursed, reaching 46.8% of the plan (higher than the 31.4% of the first 6 months of 2023 and is the agency with the highest disbursement rate in the country).

In the last months of 2024, the Ministry of Agriculture and Rural Development will continue to improve the quality and efficiency of investment management and accelerate the implementation and disbursement of public investment capital in 2024, creating momentum for industry growth. Review and adjust the Medium-Term Public Investment Plan 2021 - 2025 according to regulations. At the same time, flexibly and promptly adjust the planned capital between projects to ensure meeting the highest disbursement capacity of each project...

Source: https://kinhtedothi.vn/ty-le-giai-ngan-von-dau-tu-nam-2024-cua-bo-nnptnt-cao-nhat-ca-nuoc.html