"The Prime Minister has asked ministries, sectors, localities and units to accelerate disbursement of public investment and consider this one of the measures to promote economic growth. By the end of October, 2017, any unit or locality that does not disburse will mobilize capital for another unit. "



According to the Ministry of Planning and Investment, the reason for late allocation of government bonds is due to regulations, mechanisms and procedures for capital disbursement.
 
The speech was delivered by Deputy Prime Minister Vuong Dinh Hue at a meeting to evaluate the situation of disbursement of public investment in the first half of the year and to formulate a resolution of the Government to promote this task, 7.
Six months allocated 10% of capital
According to the report of the Ministry of Planning and Investment, the total investment plan of state budget in 2017 (excluding government bonds) is 307,150 billion. By the end of June, the assigned capital is 303,075.66 billion, equaling 98.7% of the plan, of which central budget capital is 125,625.66 billion, equaling 96.8% of the plan, balanced capital The local budget is 177,450 billion VND, reaching 100% of the plan.
The remaining capital of the Ministry of Planning and Investment has not allocated is 4,074.34 billion, equal to 1.3% of the plan, of which 3,000 billion mainly for the target program to respond to climate change and growth. green.
For government bond capital, the situation of capital allocation is more difficult. Total investment capital in 2017 is VND66,485 billion, including VND50,000 billion under the 2017 plan and VND16,458.02 billion under the 2016 investment plan approved by the National Assembly for 2017.
Over the past six months, the Ministry of Planning and Investment has just allocated 5.197 trillion dong of planned capital in 2017, accounting for 10.4 percent. Also, the capital transferred from the new government bonds is over VND 6,200 billion (38.2%). Thus, the government bond has not yet delivered nearly 55,000 billion.
According to the Ministry of Planning and Investment, the reason for late allocation of government bonds is due to regulations and conditions for arranging annual public investment plans for new construction projects that must be approved by competent authorities. New investment projects proposed to set up the plan in 2017 source of government bonds all have investment decisions after October 31, 2016. .
More importantly, as reported by the Ministry of Finance, the disbursement results in the first 6 months were very low, reaching approximately 91.4 trillion dong, equaling 25.6% of the plan approved by the National Assembly, while the same period in 2016 Reached 26.8%.
In addition, according to the State Treasury, after half a year, three-quarters of government bonds were issued to mobilize capital for implementation of works and projects, but the disbursement was delayed. As mentioned above.
Deputy PM Vuong Dinh Hue, speaking at the meeting, expressed dissatisfaction with the progress of capital allocation and disbursement of public investment plan in 2017 "which has a negative impact on employment, Economic growth and reduce the efficiency of capital use. "
You can ask the inspector to clarify your responsibilities
The Deputy Prime Minister requests the Minister of Planning and Investment to review the responsibility of individuals and collectives and report them to the Prime Minister before July 30. "It will be necessary to ask the Government Inspectorate to investigate to clarify who is responsible for late allocation of funds," Deputy Prime Minister Vuong Dinh Hue said.
The Government's leaders assigned the Ministry of Planning and Investment before July 30 to submit to the Prime Minister the remaining VND4,074 billion of state budget capital and VND55,000 billion of unconverted government bonds.
"The Government does not accept the reduction of government bond capital to increase ODA or other capital in 2017. At the same time, the Ministry of Planning and Investment has completed the procedures before July 15 to allocate the second capital to the public. Project, "Deputy Prime Minister directed.
Deputy Prime Minister requested the Ministry of Planning and Investment to expeditiously propose amendments and supplements to Decree 136, Decree No. 77, Decree No. 15 in short form; To publicly announce ministries, branches and localities in the delay in the disbursement of public investment capital, to strictly handle organizations and individuals in their irresponsibility and stagnation, obstructing the disbursement progress government's Invest.


 
According to vneconomy.vn