At a meeting with Ho Chi Minh City on the task of socio-economic development, disbursement of public investment capital, and the progress of key projects, Prime Minister Pham Minh Chinh said that it is necessary to design a tool to control investment activities in corporate bonds.
Deputy Prime Minister Vu Duc Dam, Head of Working Group 3 on inspecting, removing difficulties, and accelerating disbursement of public investment capital in 2022, yesterday said that disbursement of public investment capital must be considered a key political task while working with 17 ministries and central agencies.
The HCMC’s disbursement of public investment capital totaled VND11,443 billion by September 15, accounting for 43 percent of the Government's yearly target. Some among them, including VND9,591 billion from the city’s State budget, VND1,210 billion from the Central budget and VND641 billion from official development assistance (ODA) capital.
Prime Minister Nguyen Xuan Phuc has ordered that more drastic solutions to be taken to speed up the disbursement of public investment capital, which he described as an urgent task from now through 2020.