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capital reduction

Update on capital cuts
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Resolutely cut capital for projects that are unable to disburse capital

According to the report of the Ministry of Finance, the estimated disbursement rate in the first 8 months of 2022 nationwide reached 39.15% of the capital plan assigned by the Prime Minister. Of which, domestic capital disbursed over 40%; foreign capital disbursed over 12%. Minister of Finance Ho Duc Phoc affirmed to resolutely cut capital for projects that are unable to disburse capital, especially projects with planned capital allocation in 2022.
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