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Disbursement rate of public investment capital in Ho Chi Minh City is not satisfactory

The above information was raised at the regular meeting on the city’s socio-economic situation, held this morning (June 2).

According to the representative Ho Chi Minh City State Treasurya main reason is the instability from the world situation that has pushed the price of input materials and construction materials up by 30% compared to before, causing contractors and construction units to work in moderation because the more they work, the more they work. loss, psychology waits for price support policies.

City leaders believe that the slow disbursement rate is largely due to the capacity and responsibility of the relevant departments. Up to this point, the city has not yet finalized its capital allocation for 2022.

According to the City Bureau of Statistics, formerly public investment capital usually contributes nearly 40% to the growth of gross domestic product in the GRDP area, but in recent years, there have been signs of a gradual decrease, such as in 2021, only 20%.

Although the general context is difficult, it is estimated that the city’s GRDP in the first 6 months of this year will reach an increase of more than 3.8%, higher than the initial forecast.

Promote disbursement of public investment capital Promote disbursement of public investment capital

VTV.vn – According to leaders of the Ministry of Finance, in order to speed up disbursement, the payment stage also needs to be done as soon as there is a volume of acceptance.

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