September 27, 2023 | 08:30 GMT+7

Deputy PM calls for faster public capital disbursement

Hà Lê -

Public capital plays a key role in economic recovery and growth.

Deputy Prime Minister Tran Luu Quang chairing the meeting.
Deputy Prime Minister Tran Luu Quang chairing the meeting.

Deputy Prime Minister Tran Luu Quang has asked localities to take measures to tackle the difficulties and obstacles and speed up the disbursement of public investment capital.

At a working session with representatives from northern Hai Phong city and Hai Duong and Quang Ninh provinces on September 26, the Deputy Prime Minister said promoting public investment is one of most important solutions to remove obstacles for infrastructure development in localities and socio-economic recovery and growth.

However, public capital disbursement in these three localities remains slow.

As of September 20, Hai Phong had disbursed VND10.6 trillion ($441 million), equivalent to 79 per cent of the annual target assigned by the Prime Minister, and Quang Ninh VND7.54 trillion ($314 million), or 50 per cent.

Hai Duong had disbursed nearly VND2 trillion ($83 million) as of mid-August, equal to 22 per cent of the annual target and lower than the national average.

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