At least 95% of public investment capital must be disbursed this year: PM
(VOVWORLD) - Prime Minister Pham Minh Chinh urged ministries and localities to work harder to disburse at least 27.8 billion USD or 95% of the target this year.
 PM Pham Minh Chinh speaks at a Government meeting on accelerating public investment disbursement, November 27, 2023. (Photo: VGP/Nhat Bac) |
Addressing a Government meeting on Monday, PM Chinh emphasized that public investment disbursement is one of the key political tasks in 2023.
More than 65% of public investment capital was disbursed in the past 11 months, up more than 6.7% from last year. PM Chinh said there is just over one month left to conclude fiscal year 2023 but a considerable amount of funding is in need of disbursement.
He said that public investment disbursement must align with all project’s quality and the fight against corruption, waste and negativity.