Economy

Comments on the Draft Resolution on allocating public investment capital for the 2026-2030 period

Hoai Thu October 31, 2024 17:24

On the afternoon of October 31, Deputy Prime Minister Nguyen Hoa Binh chaired a national online conference on comments on the draft Resolution of the National Assembly Standing Committee promulgating principles, criteria, and norms for allocating public investment capital from the state budget for the 2026-2030 period.

Deputy Prime Minister Nguyen Hoa Binh chaired at the Central bridge. Attending were representatives of relevant ministries and branches. At the Nghe An Provincial People's Committee bridge, Mr. Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee chaired. Attending were representatives of relevant departments, branches and units.

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Comrade Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee chaired at Nghe An bridge. Photo: Hoai Thu

The conference was held online, with participating ministries, branches and localities continuing to contribute opinions to unify and complete the contents of the Resolution for submission to competent authorities for promulgation. The promulgation of this Resolution also serves as a basis for the implementation of public investment capital allocation in the next phase.

At the conference, the viewpoints on building and contributing ideas to the content of the Draft Resolution were based on the spirit of allocating sufficient capital to implement the programs and plans, major tasks and tasks assigned to localities, ministries and branches. Allocating capital to ensure the development of industries and fields with quality assurance, promoting rapid and sustainable socio-economic development. The Government will allocate sufficient capital for industries and localities according to the plan; reserve capital for investment projects that can be disbursed immediately when necessary, without delay.

The draft Resolution on the principles, criteria and norms for allocating public investment capital from the state budget for the 2026-2030 period has 3 chapters and 14 articles. To date, the Ministry of Planning and Investment has received comments from 49 ministries, central agencies and 59 localities. 39 ministries, central agencies and localities agree with the full text of the draft Resolution. In Document No. 957/TTDT-DLDT dated September 17, 2024 of the Government Electronic Information Portal on comments on draft legal documents, after 60 days of posting, no comments from citizens or organizations have been received on the draft Resolution. It is expected that after completing the steps of collecting comments from ministries, branches and localities, it will be compiled, consulted by members and submitted to the National Assembly for promulgation as soon as possible.

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Delegates attending the conference at Nghe An bridge. Photo: Hoai Thu

At the conference, comrade Bui Thanh An gave comments on the draft Resolution. Nghe An highly agreed with the Draft Resolution of the National Assembly Standing Committee promulgating principles, criteria, and norms for allocating public investment capital from the State budget for the period 2026-2030, drafted by the Ministry of Planning and Investment. The draft has incorporated and completed the comments of Nghe An in Document No. 6040/UBND-KT dated July 18, 2024, and at the same time has many new regulations that are more complete than Resolution No. 973/2020/UBTVQH14 of the National Assembly Standing Committee on principles, criteria, and norms for allocating public investment capital from the State budget for the period 2021-2025.

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Comrade Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of Nghe An Provincial People's Committee commented on the Draft Resolution. Photo: Hoai Thu

At the conference, many comments focused on the principles of allocating capital sources; allocating capital sources; decentralizing power to localities in allocating public investment capital... Some contents of the Draft Resolution that many localities, ministries and branches were interested in commenting on were in Chapter 2 of the Resolution stipulating principles, criteria and norms for allocating public investment capital from the state budget for the period 2026-2030 for tasks, programs and projects in various fields and sectors.

The advisory and drafting agencies have received comments and compiled them to submit to competent authorities for further processing and implementation of the next steps.

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Comments on the Draft Resolution on allocating public investment capital for the 2026-2030 period
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