13:40 28/04/2022

Mechanism needed to push public investment disbursement

Ánh Tuyết

According to the Ministry of Finance (MoF), the disbursement of public investment as of the end of April was still low, reaching just 18.5 per cent of the annual plan. Total undisbursed capital is more than VND40.2 trillion ($1.74 billion) and there are currently 17 ministries that have not distributed capital as yet. Economists therefore suggest that in addition to minimizing procedures, it is also necessary to have a specific mechanism for the private sector in order to promote public investment capital.

Photo: Illustration
Photo: Illustration