Disbursement of public investment capital has not met the set requirements

On the afternoon of May 27, the Prime Minister’s Working Group No. 5 worked with localities on inspecting and removing difficulties and obstacles to promote disbursement of public investment capital in 2022, chaired by Minister of Planning and Investment Nguyen Chi Dung – the leader of the working group.

At the meeting, many localities said that the slow disbursement of public investment capital, in addition to objective factors, also had many problems in implementing site clearance procedures.

Disbursement of public investment capital in the first four months of the year averaged only 16.36%, only 15.26% for localities. Localities said that most projects are entangled in site clearance, which takes a long time; Regulations on land price calculation also have many shortcomings when the circulars of the Ministry of Finance and the Ministry of Natural Resources and Environment are different.

Along with that, the price of materials has also increased, causing many projects to build in moderation, waiting for the price of construction materials to be adjusted. Some projects use ODA must consult, through many donor processes and the impact of the epidemic also affects the disbursement progress.

According to the Minister of Planning and Investment, local leaders must be more thorough, because under the same conditions and the same mechanism, there are still many localities with high disbursement and many good ways. Therefore, if the locality has the same conditions but has not yet disbursed high, it is because the participation is not good.

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