6 Working Groups Set up to Accelerate Public Investment Disbursement

9:22:10 AM | 11/29/2021

Prime Minister Pham Minh Chinh recently signed Decision 1962/QD-TTg establishing six working groups responsible for inspecting and accelerating disbursement of public investment capital in 2021 at central and local agencies where disbursement fulfilled below 60% of the plan led by Deputy Prime Ministers and some ministers.

These working groups are tasked to review and integrate difficulties and problems; analyze their causes in public investment projects, especially those funded by ODA capital and concessional loans from foreign donors, to propose and recommend solutions for quicker disbursement of the public investment fund and better efficiency of capital use.

They will explain and guide synchronous implementation of laws relating to public investment to unify legal provisions on public investment; assess regulatory compliance on formulation, allocation and assignment of public investment plans led by central and local agencies in 2021.

They will assess the implementation of solutions for quicker public investment as directed by the Government and the Prime Minister in Resolutions 01/NQ-CP dated January 1, 2021, Resolution 45/NQ-CP dated April 5, 2021 and guiding documents on accelerating public investment disbursement in 2021. At the same time, they will consider responsibility in leading, directing, urging, examining, reviewing and handling difficulties, obstacles and bottlenecks in public investment disbursement at central and local agencies.

The inspection period lasts from November 22, 2021 to December 10, 2021.

By Thu Ha, Vietnam Business Forum