Investment News


Accelerated disbursement of public investment capital from the beginning of the year

14/02/2021

 

Politburo member and Minister of Finance Dinh Tien Dung said that it is necessary to drastically implement solutions to accelerate the disbursement of public investment capital in 2021 from the beginning of the year to create motivation and ensure growth. achieve and exceed the set economic goals.

Accordingly, it is necessary to strictly follow the Government's direction, attach the responsibilities of the heads of agencies and units to the disbursement results; resolutely reduce, transfer capital of ministries, branches, localities and projects with low disbursement rate to ministries, branches, localities and projects with better capabilities.

Determining that accelerating the disbursement of public investment is a political task, the focus in 2021, Minister Dinh Tien Dung said, the Ministry of Finance is developing a working program with many specific solutions. First of all, in terms of formulating regimes and policies, the Ministry of Finance will submit to the Government for promulgation in the first quarter of 2021 a Decree on management, payment and settlement of projects using public investment capital to create a legal framework. synchronous management of management, payment and settlement of public investment projects in accordance with the provisions of the Law on State Budget, Law on Public Investment and relevant laws.