To speed up the implementation and disbursement of public investment capital in Vietnam

Nguyen Trinh

11:08, 17/04/2021

Below is one of the important topics mentioned specified in Resolution 45/NQ-CP in the meeting to implement the Government of Vietnam's work after being consolidated at the 11th session, the XIV National Assembly.

Specifically, in this Resolution, speeding up the disbursement of public investment capital is identified as "an important and urgent task" that makes an important contribution to promoting the development of the economy, creating new production resources, and serving socio-economic development.

In addition, the government of Vietnam requires the heads of ministries and ministerial-level agencies to take direct and comprehensive responsibility for the implementation and disbursement of public investment capital according to the plan which focuses on investing in key infrastructure projects in the spirit of the Resolution of the 13th Party Congress.

At the same time, the government of Vietnam assigned the Ministry of Planning and Investment of Vietnam to assume the prime responsibility for, and coordinate with relevant agencies and localities in, summarizing and evaluating the disbursement of public investment capital; assessment of difficulties, obstacles, existence, limitations and causes; lessons learned; propose synchronous, feasible, and effective solutions to overcome; and strive to achieve a high disbursement rate.

For details, see Vietnam's Resolution 45/NQ-CP effective from April 16, 2021.

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