Deputy Prime Minister Le Minh Khai has requested that ministries, agencies, and localities speed up the allocation of public investment capital for 2023.

Thirty ministries and central agencies and 55 localities are yet to complete allocations, affecting project disbursement, according to the latest report from the Ministry of Finance.

Total public investment capital not allocated stood at more than VND79.4 trillion ($3.32 billion) as of the end of February, the report noted, or 11.24 per cent of the target set by the Prime Minister for 2023.

Total public investment capital allocated from the State budget for 2023 is estimated at VND711.7 trillion ($29.8 billion), an increase of more than VND130 trillion ($5.43 billion) against 2022.