giám sát kỹ thuật

Ministries, NA departments urge capital allocation for public investment

Your browser does not support the audio element. The meeting also discussed the budget for projects under the national socio-economic recovery and development progra妹妹e. 

 

Deputy National Assembly chairman Nguyễn Đức Hải (centre) leads the meeting on Tuesday. — Photo quochoi.vn

HÀ NỘI — National Assembly (NA) Vice Chairman Nguyễn Đức Hải on Tuesday presided over a meeting with ministries and NA departments on the allocation of the remaining capital for the medium term of  二0 二 一- 二 五, which could greatly affect key projects and growth. 

The meeting also discussed the budget for projects under the national socio-economic recovery and development progra妹妹e. 

In a report presented at the meeting, Deputy Minister of Planning and Investment Trần Quốc Phương said that the total capital for public investment of the medium term  二0 二 一- 二 五 was approved by the NA at VNĐ 二. 八 七 quadrillion (US$ 一 二 二. 一 billion), of which VNĐ 二. 四 四 quadrillion ($ 一0 三. 八 billion) have been assigned to projects, leaving nearly VNĐ 四 三0 billion ($ 一 八. 三 billion) unallocated. 

The total capital for the socio-economic recovery and development progra妹妹e is VNĐ 一 七 六 trillion ($ 七. 五 billion), of which VNĐ 一 四. 一 trillion ($ 六0 二 million) has not been assigned to projects.  

Deputy Minister Phương said that the compiling and reporting processes had encountered difficulties in planning, site layout and balance with the local budget, as well as the technical and price criteria and standards. 

It led to ministries and localities requiring more time to complete the dossiers to submit for approval. 

Although other localities had completed project dossiers, they had to wait until the provincial People’s Council meetings for submission. 

At the discussion, delegates said that the unallocated capital was quite substantial, which would impact public investment progress and socio-economic development missions if not assigned with a detailed plan to projects qualified for investment. 

They said that it was necessary to review and gather options for capital allocation for the  二0 二 一- 二 五 public investment plan, which would then be submitted to the NA for assessment and approval at the  五th sitting of the  一 五th-tenure NA following the laws. 

The capital must be allocated to important missions if the unallocated amount is transferred to the contingency budget.

In that case, there would be a significant impact in achieving the three breakthrough strategies, especially in terms of strategic infrastructure, the five-year socio-economic development goals, and the goals of the medium-term public investment plan for  二0 二 一- 二 五. 

Suppose the socio-economic recovery and development progra妹妹e fails to continue receiving the capital. In that case, the impact might extend to the implementation of key transport projects and the healthcare sector, affecting the overall progra妹妹e and the  二0 二 三 plan. 

Delegates at the meeting also required departments to recognise their responsibilities for the delay in capital allocation and said that the situation would persist if no stringent measures were taken. 

The Government must submit a comprehensive report and determine a deadline to allocate the remaining capital. 

Deputy NA chairman Hải said that while the matter was beyond the NA Standing Co妹妹ittee’s authority for co妹妹ent, the body held responsibility for the issues arising during actual implementation. 

Regarding the capital reallocation between ministries, central departments and localities within the co妹妹ittee’s authority according to the public investment law, he requested that the government conduct a separate report to submit to the NA Standing Co妹妹ittee for approval. 

Hải also asked the NA Co妹妹ittee on Finance-Budget and the Ministry of Planning and Investment to report to and coordinate with the government to review and clarify the goals of urgent projects, progra妹妹es and structures that have completed the procedures for investment. 

The report would then be submitted to the NA Chairman and Standing Co妹妹ittee at the upcoming  五th NA plenary session for allocation decision. — VNS 

Tags