Official Telegram 16: Urgent requirement to allocate the entire state budget investment plan in 2025 in Vietnam

Official Telegram 16: Urgent requirement to allocate the entire state budget investment plan in 2025 in Vietnam​ (Image from the Internet)

On February 18, 2025, the Prime Minister of the Government of Vietnam issued Official Telegram 16/CD-TTg urging ministries, sectors, and local authorities to expedite the allocation and disbursement of public investment capital for the year 2025.

Official Telegram 16: Urgent requirement to allocate the entire state budget investment plan in 2025 in Vietnam

In Official Telegram 16/CD-TTg in 2025, to strive to achieve the highest possible result (over 95%) in disbursing public investment capital as allocated by the Prime Minister, the Prime Minister of the Government of Vietnam requests ministries, central agencies, and local authorities to focus on the following tasks:

- Thoroughly grasp and clearly identify the task of expediting the allocation and disbursement of the 2025 public investment capital plan as a top-priority political mission that needs focus in leadership, direction, and implementation across all levels and sectors. Ministers, Heads of ministerial-level agencies, Government-affiliated agencies, other central agencies, and Chairpersons of People's Committees of provinces and centrally-run cities shall be fully responsible before the Government and the Prime Minister for the results of public investment capital allocation and disbursement in 2025; resolutely prevent the situation of funds waiting for projects and funds not being disbursed.

The heads of ministries, central agencies, and local authorities must emphasize responsibility, be hands-on, specific, fully understand the situation, clearly identify the difficulties, obstacles, and reasons for delayed allocation and disbursement of each specific project to directly remove these promptly; enhance close cooperation among agencies, units within the management scope and with related ministries, agencies to address difficulties and obstacles in project implementation and public investment capital disbursement.

- Urgently fully detail the state budget investment plan of 2025 in Q1 of 2025 as conformable, to avoid further delays, if by the end of Q1 2025 it is not completed, the Government of Vietnam will withdraw it to allocate to other projects needing funds to complete; the detailed allocation of capital plans must ensure focus, not dilute and fragmented, in line with the implementation and disbursement capabilities, and in compliance with legal regulations on public investment.

Urgently propose handling plans for the remaining central budget capital of the 2025 plan not yet detailed in Q1 of 2025, send to the Ministry of Finance and update on the national information system on public investment accordingly.

- Focus on implementing flexible, creative, prompt, and effective measures and solutions to decisively accelerate the execution and disbursement of public investment capital, three national target programs; speed up the progress of implementing key national, important projects, expressways, inter-regional projects with spreading effects, etc. Accelerating the disbursement of public investment capital must be associated with ensuring the quality of works and projects, preventing negative incidents, losses, waste, and group interests.

d) Develop a detailed disbursement plan for each project and strictly adhere to the disbursement plan by month and quarter. Focus on accelerating land clearance, construction progress, and resolving difficulties regarding land and resources. Enhance inspection and supervision at the site to urge contractors and consultants to speed up the progress.

Proactively review and transfer capital under authority from projects with slow disbursement to projects with better disbursement capacity and remaining capital shortages as per regulations within Q1 2025. Specifically assign leadership responsibility for monitoring implementation progress; close monitoring, promptly and effectively removing difficulties within authority, and being responsible for the disbursement results of each project. Continue to enhance and improve the efficiency of the Special Working Group on Public Investment Disbursement led by the Chairman of the provincial People's Committee.

- Strengthen discipline, and regulations, and strictly handle according to regulations on project owners, project management boards, organizations, and individuals who intentionally delay the progress of allocation and disbursement of public investment capital; promptly replace ineffective, sluggish, troublesome officials and public employees, resolutely handle negative acts, corruption in public investment management.

More details can be found in Official Telegram 16/CD-TTg issued on February 18, 2025.

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