February 20, 2025 | 08:30 GMT+7

PM asks to accelerate public investment capital allocation and disbursement

Kỳ Phong -

Allocation of the public investment capital accounted for only 96.07% of the Government leader’s assigned target as of January 23.

In his official dispatch signed on February 18, Prime Minister Pham Minh Chinh asked relevant ministries, sectors, and localities to accelerate the allocation and disbursement of public investment in 2025.

According to the dispatch, the detailed allocation of the public investment capital for this year accounted for only 96.07% of the Government leader’s assigned target, as of January 23. An amount of some VND84.84 trillion ($3.32 billion) remains unallocated across 26 central agencies and 48 localities. 

Besides, January's disbursement rate was notably low at 1.26% as compared to 2.58% recorded in the same period last year.

To achieve the targeted 95% disbursement rate for 2025, the dispatch outlined comprehensive measures including accelerating site clearance, enhancing project supervision, and removing challenges in a timely fashion.

It also stated that flexible solutions must be put in place to expedite the construction of key projects across the nation. Besides, the acceleration of the public investment capital must go hand in hand with projects’ quality and prevention of negative phenomena, wastefulness, and group interests.

 

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