PM requests to speed up diíbursement of public investment capital

Prime Minister Pham Minh Chinh has requested relevant ministries, agencies and localities to speed up disbursement of public investment capital for 2024, the Government News has reported.

In an official dispatch issued on July 9, PM Chinh asked them to focus on implementing drastic, timely, appropriate, and effective solutions to accelerate the disbursement of public investment, thus contributing to boosting economic growth.

Standing Government members will preside over a national teleconference with ministries, agencies, localities, economic groups and state-owned enterprises to assess the implementation of the public investment plan for the first six months of this year and to carry out tasks and solutions to boost the disbursement in the second half.

The conference is scheduled for July 17. 

The disbursement of public investment from the State budget in the first five months of this year reached over VND190 trillion ($7.44 billion), equal to 26.6% of the yearly target, according to the General Statistics Office (GSO).