xổ số thành phố hồ chí minh开户PM orders acceleration of disbursement of public funds

PM orders acceleration of disbursement of public funds

HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has demanded ministries, sectors and localities take stronger actions to speed up the disbursement of public investment capital for  二0 一 九, as disbursement is at a critically low level.According to the PM, the Ministry of Planning and Investment has yet to submit allocation plans for a total VNĐ 三 五. 一 四 八 trillion (US$ 一. 五 一 billion), or  九. 三 per cent of the State budget’s investment plan for  二0 一 九.The capital disbursed in the first seven months is very low, reaching only  三 二. 二 七 per cent of the year’s target. Notably, only  一0. 九 六 per cent of foreign capital planned for disbursement this year was allocated. The respective figures in the same period of  二0 一 八 were  三 七. 六 四 per cent and  二 二. 六 三 per cent.Thirty-five ministries and central-level agencies and  二 六 provincial-level localities had less than  四0 per cent of their assigned disbursement targets fulfilled.The snail’s pace of disbursement has undermined the efficiency of public funds use, which in turn has affected economic growth, fiscal and monetary policy implementation, as well as the investment and business climate, PM Phúc said.Aside from objective factors, subjective ones are the main causes, especially shortcomings in the management and implementation of disbursement plans.Pointing out tasks to ministries, sectors and localities, the PM said their leaders must take responsibility for performing those duties, and they must discipline any organisations or individuals intentionally hampering disbursement.PM Phuc is set to chair a national teleconference in the latter half of September to discuss ways to promote public investment capital disbursement. — VNS