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Accelerating the disbursement of public investment capital

TQO - In the context of Vietnam's deep integration into the global economy, ensuring effective and timely public investment capital flows will be a key factor in achieving sustainable growth goals.

2025 is expected to be an important milestone for public investment to play a key role in promoting economic growth and completing national development strategy goals. With the institutional reforms that have been implemented, along with the streamlining of administrative procedures, public investment is expected to meet the set targets in both scale and quality.

However, the results of the detailed allocation of public investment capital plans from the beginning of the year to date, the amount of capital that has not been allocated in detail is still quite large. Therefore, the Government and the Prime Minister have issued many documents with strong instructions on the allocation and disbursement of public investment capital in 2025. The Prime Minister requested ministries, central and local agencies to thoroughly grasp and clearly identify the task of promoting the allocation and disbursement of the public investment capital plan in 2025 as one of the top key political tasks that need to be prioritized for leadership, direction and implementation at all levels and sectors. Implement more drastic, timely and effective tasks and solutions to promote the allocation and disbursement of public investment capital in 2025, resolutely not allowing the situation of capital waiting for projects, having capital but not being able to disburse.

Implement flexible, creative, timely and effective measures and solutions to strongly promote the implementation and disbursement of public investment capital, 03 National Target Programs; Accelerate the implementation of key national projects, highways, inter-regional projects with spillover effects, etc. Strengthen discipline, order, and strictly handle investors, project management boards, organizations, and individuals who intentionally slow down the allocation and disbursement of public investment capital.

Disbursement of public investment capital is of special importance, contributing to promoting growth, stabilizing the macro economy, ensuring major balances of the economy, creating jobs and livelihoods for people, and successfully implementing the socio-economic development plan for 2025, especially the economic growth target of 8% or more.

Phuong Dong

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