The disbursement of public investment capital was estimated at over VND274.5 trillion ($10.96 billion) in the first eight months of the year, according to the Ministry of Finance (MoF).

The figure accounted for 37.01% of the yearly plan and 40.49% of the target set by the Prime Minister.

The MoF reported that 13 ministries and government agencies and 35 centrally-run localities registered disbursement rates higher than the national average.

They include the Ministry of Agriculture and Rural Development (58.39%), the Ministry of Transport ($49.67%), Mekong Delta’s Long An province (79.35%), central Ha Tinh province (64.98%) and central Thanh Hoa province (64.05%).

The disbursement of capital for the socio-economic recovery and development program gained a high rate of 79.32%.

However, some localities, ministries and agencies reported low disbursement rate, affecting the target of the whole country, the MoF said.

The MoF asked localities, ministries and agencies to take measures to speed up the disbursement of public investment capital in order to fulfill the target of 95% set by the Government.