The Ministry of Finance has asked ministries, agencies, and localities to take measures to speed up the disbursement of public investment capital.

As of the end of May, 32 ministries and five localities reported public investment disbursement rates of less than 10 per cent.

Figures from the ministry show that disbursement in the country as a whole in the first five months of the year reached only 20.80 per cent of the annual target.

Disbursement of domestic capital was estimated at 22.64 per cent and of foreign capital 12.02 per cent.

Eight ministries and 23 localities reported disbursement rates of over 25 per cent, including the Mekong Delta’s Tien Giang (45.89 per cent), Dong Thap (44.28 per cent), and Long An provinces (40.06 per cent).

Total capital earmarked for public investment this year is over VND756 trillion ($32 billion).