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Quickly complete the plan for allocating public investment capital

Provinces and cities need to quickly finalize detailed allocation plans for public investment capital this year. (Illustrated photo – Photo: VNA)

The Minister of Planning and Investment has just sent a telegram to the Secretary of the Provincial Party Committee, the City Party Committee and the Chairman of the People’s Committees of the provinces and centrally-run cities on urging the completion of investment procedures for the projects to be arranged. plan government’s Invest medium term period 2021 – 2025 and detailed allocation plan for 2022.

Previously, the Ministry of Planning and Investment had sent a dispatch and a document to urge this, but so far, it has not received reports from the localities.

In order to promptly summarize and report to the Prime Minister, the Ministry of Planning and Investment proposes localities to urgently complete investment procedures for newly-started projects, which are expected to arrange medium-term public investment plans in the second phase. period 2021 – 2025 in accordance with regulations, send it to the Ministry before this March 31 and take full responsibility before the Prime Minister and the Government in case of delay.

After this time, the Ministry of Planning and Investment will summarize and report to the Prime Minister the capital transfer plan for projects that have not yet completed the procedures.

Along with that, the People’s Committees of the provinces and centrally-run cities also need to quickly finalize the detailed allocation plan for public investment capital this year.

According to the Ministry of Planning and Investment, the National Assembly has approved the total development investment capital of the state budget in 2022, which is 526,105,895 billion VND. The Prime Minister has assigned the state budget capital plan in 2022 to ministries, central and local agencies 518,105,895 billion VND, the rest has not been allocated 8,000 billion VND of the national target programs.

Up to this point, the unallocated capital of ministries, branches and localities is still nearly 94,500 billion VND, equal to 18% of the plan assigned by the Prime Minister. In which, many units have a high amount of unallocated capital.

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