Government sets up six working groups to boost public investment disbursement

May 03, 2022 | 11:55
Prime Minister Pham Minh Chinh signed Decision No.548/QD-TTg on May 2 establishing six working groups to solve problems related to the disbursement of public investment.
Government sets up six working groups to boost public investment disbursement

The groups will work with ministries, central agencies, and cities and provinces which have failed to allot all of their allocated public investment by April 30 and those with a disbursement rate below the country’s average at around 18.5 per cent.

Members of the working groups include leaders of ministries and central agencies including the Ministry of Planning and Investment, the Ministry of Finance, the Ministry of Justice, the Ministry of Construction, the Ministry of Transport, the Ministry of Agriculture and Rural Development, the Ministry of Natural Resources and Environment, and the Government Inspectorate.

The working groups will report to the prime minister and propose specific solutions to accelerate public investment within five working days of the completion of the verification process.

According to the Ministry of Finance, the country’s public investment disbursement in the first four months of the year was expected to reach almost 18.5 per cent of the allocation made by the prime minister.

Seven ministries and eight cities and provinces had a disbursement rate of over 25 per cent, however, 43 out of 51 ministries, and 28 out of 63 cities and provinces achieved less than 17 per cent.

By Bich Thuy

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