Topic: central budget

Principles behind allocating State funds to support cultural development include focused and sustainable investment.

The port has total investment capital of over VND162.7 trillion ($6.4 billion).

Deputy Prime Minister Le Minh Khai has signed a Decision adjusting and supplementing estimates on investment and development expenditures from the central budget in 2022 for ministries, central agencies, and localities. Nearly VND3 trillion ($126 million) was cut from nine ministries and central agencies and two localities, to supplement estimates for the Vietnam Development Bank and the Vietnam Bank for Social Policies.

Ho Chi Minh City was among localities with the lowest level of public investment disbursement in the first nine months of 2022, reaching just 3.6 per cent. It has therefore proposed that the government soon set up a group to address the difficulties.

Deputy Prime Minister Le Minh Khai has signed Decision No. 1113/QD-TTg from the Prime Minister assigning State budget capital to the socio-economic recovery and development program. VND147.138 trillion ($6.2 billion) will go to ministries, central agencies, and localities according to sectors and fields specified in Resolution No. 43/2022/QH15 from the National Assembly.