Order of Priority for Allocation of State Budget Capital for Public Investment in 2018

On October 10, 2017, the Government of Vietnam issued Resolution 106/NQ-CP regarding the content of the regular meeting of the Government of Vietnam in September 2017.

The Government of Vietnam decides the order of priority for allocating State budget capital in the field of public investment in 2018 according to the following principles:

- Arrange capital to pay at least 20% of the total outstanding basic construction debt that has not yet been settled;- In 2018, arrange capital to retrieve at least 20% of the advance capital from the central budget source projected to be collected in the 2016-2020 period that has not yet been retrieved;- Counterpart funds for projects using ODA funds and concessional loans from foreign donors; state investment capital participates in implementing projects in the form of public-private partnerships;- Ongoing projects to be completed in and after 2018;- New projects commencing in 2018, prioritizing urgent projects for flood prevention, disaster recovery, and environmental protection.

For more details on other contents approved by the Government of Vietnam, see Resolution 106/NQ-CP.

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