Strictly handle localities those delay disbursement of public investment capital
Strictly handle localities those delay disbursement of public investment capital (27/08/2020)
That was one of the directions of Prime Minister Nguyen Xuan Phuc at the nationwide online briefing meeting to discuss solutions to promote disbursement of public investment capital, in the morning of August 21.
In Quang Nam, attendees included Mr. Phan Viet Cuong - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly delegation; Mr. Le Tri Thanh - Chairman of the Provincial People's Committee.
Speaking at the opening session, Prime Minister Nguyen Xuan Phuc emphasized: Disbursement of public investment is an important policy that ministries, branches and localities need to thoroughly grasp. The whole political system stepped in to strongly promote the disbursement of public investment. 
There are some improvement over the same period, but still a number of ministries, branches and localities delayed the disbursement. PM stressed to strictly handle organizations, individuals, localities and units that delay the disbursement process. 
Reporting at the conference, Minister Nguyen Chi Dung said that in the first eight months of 2020, due to the impact of the Covid-19 pandemic and the world economic recession, almost all sectors and fields were severely affected. 
According to the report of the Ministry of Finance, the accumulated disbursement from the beginning of the year to 31/7/2020 is 193,040 billion VND, reaching 40.98% of the plan. Estimated disbursement as of August 31 is 221,768 billion (47% of the plan). 
Accordingly, there are 5 ministries, central agencies and 19 localities with disbursement rates above 60%. However, there are 29 ministries, central agencies and 06 localities with disbursement rates below 35%, of which 15 ministries, central agencies and 01 locality have disbursement rates below 15%.
By the end of July 31st, 2020. Quang Nam disbursed more than 1,966 billion dongs for capital construction investment in the 2020 plan, reaching 30% of the plan. Investors, units and localities focus on speeding up the construction progress, completing documents and settlement procedures for completed works to disburse 100% of the plan. 

Translator: Nhat Ha

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