Estimated nearly 150,000 billion VND for 113 economic recovery projects
Four months after the economic recovery program was approved by the National Assembly, the Government announced the capital for 113 tasks and projects about 149,200 billion VND.
On the morning of June 4, the National Assembly Standing Committee held an extraordinary session to give opinions on the implementation and expected list and capital levels for projects and tasks under the economic recovery program.
According to Resolution 43 on supporting economic recovery, the National Assembly decided to increase spending from the maximum budget of 176,000 billion VND for projects and tasks in the two years 2022 and 2023.
Minister of Planning and Investment Nguyen Chi Dung, authorized by the Government, said yes 113 tasks, projects Ministries, branches and localities are selected by the Government as a basis for approving investment policies according to the Law on Public Investment and the National Assembly’s resolution on economic recovery.
The total capital of these projects and programs is about 149,200 billion VND. The above capital does not include 14,000 billion VND in the health sector, more than 11,800 billion VND expected for 4 highway and national highway projects for traffic and 965 billion VND proposed by ministries and sectors not to allocate capital from the recovery package. .
Minister of Planning and Investment Nguyen Chi Dung at the extraordinary meeting of the National Assembly Standing Committee, June 4. Photo: National Assembly Press Center
The Prime Minister requested agencies and localities within 30 days to report to the Government the number of projects and lists of sufficient investment procedures. The decision on the detailed list and allocation of capital for each task and project, Minister Nguyen Chi Dung said, is only made after the Government reports it and the National Assembly Standing Committee gives comments.
Members of the National Assembly Standing Committee said that, after more than four months, the Government still did not have a specific list of capital-intensive projects as “too slow, reducing the effectiveness of the economic recovery program”.
National Assembly Chairman Vuong Dinh Hue asked the Government to clarify the objective and subjective causes of this delay and urgently handle the remaining capital for infrastructure and other projects. Localities also need to quickly complete investment procedures, submit to the Government to complete the list, and report to the National Assembly Standing Committee for comments before allocating capital.
“I still know that performing this task is difficult, but it is necessary to tighten discipline and discipline and try to do it soon, not for long,” said the National Assembly Chairman.
Verification, Mr. Nguyen Phu Cuong, Chairman of the Finance and Budget Committee of the National Assembly, said that at this time, the Government provided information on the situation and progress of implementation, not the list of projects to report to the National Assembly Standing Committee for comments on capital allocation.
According to him, this is “very slow”, because after 4 months the National Assembly decided on the economic recovery support package, the new Government announced the capital amount (check number) for the ministries, agencies and localities to carry out the approval procedures. approval of investment policy.
The amount of capital announced by the Government today is more than 149,200 billion VND, equal to 84.77% of the capital allowed by the National Assembly. The remaining amount is about VND 26,800 billion, Mr. Cuong said that the Government should urgently notify ministries, central and local agencies to complete investment procedures and submit them to the National Assembly Standing Committee for comments.
Mr. Nguyen Phu Cuong, Chairman of the Finance and Budget Committee at the extraordinary meeting of the National Assembly Standing Committee, June 4. Photo: National Assembly Press Center
In addition, the verification agency of the National Assembly found that the list of projects announced by the Prime Minister this time has changed and adjusted compared to the Government’s expectation at the extraordinary meeting in January. Therefore, Chairman The Finance and Budget Committee shall request the Government to clearly explain the reasons for the change, the reasonableness and ensure compliance with the principles of capital allocation according to the resolution of the National Assembly.
Particularly, 3 expressway projects (Bien Hoa – Vung Tau; Khanh Hoa – Buon Ma Thuot; Chau Doc – Can Tho – Soc Trang) under the criteria of national important projects will be submitted to the National Assembly for decision on investment policies. at the 3rd meeting is taking place.
The National Assembly Standing Committee agreed on the Government’s proposal to spend 9,620 billion VND of the total package of 176,000 billion VND in Resolution 43 to allocate capital for the above 3 highway projects. In which, there is 3,800 billion VND for Chau Doc – Can Tho – Soc Trang expressway project phase 1; more than 2,320 billion VND for the Khanh Hoa – Buon Ma Thuot expressway project phase 1 and 3,500 billion VND for the Bien Hoa – Vung Tau expressway project phase 1.
The economic recovery program, supporting people and businesses to recover after the Covid-19 epidemic was approved by the National Assembly at an extraordinary meeting in January, with a total scale of nearly 350,000 billion VND.
The slow implementation of the economic recovery package was also commented on by many National Assembly deputies at the socio-economic discussion session earlier this week. The delegates said that, economic recovery program approved “fast, but disbursement is too slow” and so far “haven’t passed the procedure”.
Explaining at the end of this discussion, Deputy Prime Minister Le Minh Khai said that the economic recovery package should be done “very carefully to avoid negligence and responsibility later”.
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