Capital allocation of program for socio-economic recovery and development in Vietnam

Capital allocation of program for socio-economic recovery and development in Vietnam
Duong Chau Thanh

Resolution 93/2023/QH15 on capital allocation program for socio-economic recovery and development; allocate and adjust the medium-term public investment plan of the central budget in the 2021-2025 period and allocate the central budget investment plan in 2023 of the National Target Program promulgated by the National Assembly of Vietnam.

Capital allocation of program for socio-economic recovery and development in Vietnam

Capital allocation of program for socio-economic recovery and development in Vietnam (Internet image)

Capital allocation of program for socio-economic recovery and development in Vietnam

Allocating VND 13,369,468 billion of the remaining capital of the Socio-economic Recovery and Development Program to ministries, central agencies, and localities in order to carry out projects with sufficient investment procedures, reported to the National Assembly at the 5th session, the 15th National Assembly.

Assigning the Prime Minister to direct the review and allocation of capital plans for projects in accordance with the provisions of Resolution 93/2023/QH15 and the Law on Public Investment.

Failing to allocate 509,217 billion VND of the remaining capital of the Socio-economic Recovery and Development Program.

Allocation and adjustment of the medium-term public investment plan of the central budget in the 2021–2025 period in Vietnam

- Allocating the remaining VND 444,407 billion for the medium-term public investment plan of the central budget in the 2021–2025 period of the National Target Program for Socio-Economic Development in Ethnic Minority and Mountainous Areas for the Ministry of Education and Training.

- Allocating VND 25,995,167 billion of the remaining capital of the medium-term public investment plan funded by the central budget in the 2021–2025 period to ministries, central agencies, and localities. Assigning the Prime Minister to direct review and assign capital plans for tasks and projects with full investment procedures, reported to the National Assembly at the 5th session, the 15th National Assembly.

(Details are in Appendix I to Resolution 93/2023/QH15)

- For VND 62,364,060 billion of the medium-term public investment plan, capital from the central budget for the period 2021–2025 has been allocated to ministries, central agencies and localities according to Resolution 29/2021/QH15: The Prime Minister was assigned to direct the review and assignment of capital plans for tasks and projects with full investment procedures reported to the National Assembly at the 5th session, the 15th National Assembly.

- Adjusting down VND 24,594.3 billion of the medium-term public investment plan funded by the central budget for the period 2021-2025 allocated to the Ministry of Transport to adjust the medium-term public investment plan with the central budget in the 2021-2025 period for the following localities: Khanh Hoa: VND 1,845 billion; Dak Lak: 1,641 billion VND; Dong Nai: 1,436 billion VND; Ba Ria - Vung Tau: 1,976 billion VND; Tien Giang: 872 billion VND; Can Tho: 3,250 billion VND; Hau Giang: 3,466 billion VND; Soc Trang: 3,769.5 billion VND; An Giang: VND 4,928 billion; Dong Thap: 1,410.8 billion VND.

- Adjusting the medium-term public investment plan with central budget capital for the 2021-2025 period between tasks and projects in the total capital of each ministry, central agency and locality: reducing VND 2,948.863 billion of tasks and projects that have been assigned medium-term public investment plans with central budget capital for the period 2021-2025 to increase correspondingly for tasks and projects that are not on the list of the Government reported to the National Assembly at the first session, the XV National Assembly and projects that have been assigned the Medium-term Public Investment Plan for the period of 2021-2025 but are different from the sectors and fields with the reduced adjusted projects.

(Details are in Appendix II to Resolution 93/2023/QH15)

- For the remaining VND 53,049,202 billion of the medium-term public investment plan with central budget capital for the period 2021-2025, so far, details have not been allocated to tasks and projects: included in the provision of the central budget's medium-term public investment plan for the period 2021-2025.

(Details are in Appendix III to Resolution 93/2023/QH15)

See details in the Appendix attached to Resolution 93/2023/QH15.

Duong Chau Thanh

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