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| Photo: Internet |
More than VND 662.59 trillion (USD 27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12 percent of the Prime Minister’s assigned plan, according to the Ministry of Finance.
The ministry said on February 1 that some 88.28 trillion VND was disbursed for the socio-economic recovery and development program, or 66.4 percent of the plan.
Sectors, ministries and associations completed 100 percent of the disbursement targets included the State Bank of Vietnam, the Joint Stock Commercial Bank for Investment and Development of Vietnam, the Vietnam Television, Vietnam National Tobacco Corporation, the Vietnam Journalists Association and Ha Nam province.
High rate of disbursement was recorded in Dong Thap province (99.8 percent), Quang Ngai (99.79 percent), Long An (99.19 percent), Ba Ria - Vung Tau (98.08 percent), and Vinh Phuc (96.88 percent).
In January, over VND 16.9 trillion in public capital was disbursed, accounting for 2.58 percent of the Government’s plan.
With a view to speeding up public investment disbursement, the Ministry of Finance proposed ministries, sectors and localities quickly make capital allocation plans for their projects, and work to remove bottlenecks in a timely fashion, striving to disburse at least 95 percent of the public investment budgets.- (VNA/VLLF)
