Nghe An province plans to decentralize the management and use of public investment funds to the commune level.
Decentralizing power to the commune level will create greater autonomy in project selection, shorten timelines and procedures, accelerate implementation progress, expedite public investment disbursement, and enhance the accountability of local governments.
On the morning of August 6th, the Provincial People's Committee held a meeting to hear and give opinions on the draft "Resolution of the Provincial People's Council on decentralizing the decision-making on the allocation and adjustment of medium-term and annual public investment plans using central government budget funds, detailed according to component projects, lists and allocation levels for the implementation of public investment projects and tasks under each National Target Program in Nghe An province for the period 2026 - 2030".
Comrade Phung Thanh Vinh - Member of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee - chaired the meeting. Representatives from provincial departments and agencies also attended.
During the 2021-2025 period, Nghe An province was allocated approximately 5,429 billion VND in development investment capital from the central government budget to implement 3 national target programs and carry out more than 1,800 projects; averaging about 3 billion VND per project. Annual adjustments to the capital plan are necessary for many projects, while the average capital adjustment per project is only about 200 million VND.
Therefore, decentralizing the selection and decision-making power for commune-level People's Councils regarding the content of tasks and public investment projects under each national target program will create proactive opportunities for local authorities in identifying priority needs, selecting projects suitable to socio-economic conditions, local characteristics, and the actual needs of the people; while ensuring implementation progress, improving capital utilization efficiency, and maximizing the effectiveness of projects after investment.
Granting autonomy to local authorities does not change the objectives or principles of capital management of the program, while still ensuring compliance with the law on public investment, state budget, and regulations governing national target programs.
At the same time, this mechanism contributes to enhancing the responsibility of local authorities in managing and utilizing public investment capital, linking it to the effective implementation of socio-economic development tasks in the locality.
Therefore, submitting to the Provincial People's Council for promulgation a Resolution decentralizing to the People's Councils at the commune level the authority to decide on the allocation and adjustment of annual medium-term public investment plans from central government budget funds, detailed according to component projects, project lists, and capital allocation levels for the implementation of public investment projects and tasks of each national target program in the 2026-2030 period, is necessary and in accordance with current regulations.
After listening to the opinions of the meeting participants, concluding the working session, Vice Chairman of the Provincial People's Committee Phung Thanh Vinh emphasized: The issuance of the Resolution aims to achieve the goal of strengthening decentralization, delegation of power and responsibility, creating proactiveness and flexibility for communes in allocating and adjusting medium-term public investment from the central budget for implementing national target programs in Nghe An province during the 2026-2030 period. This will contribute to increasing the disbursement rate, maximizing the effectiveness of capital utilization for national target programs, and enhancing the responsibility of local authorities.
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Having unanimously approved the draft submission from the Provincial People's Committee and the draft resolution of the Provincial People's Council, Vice Chairman of the Provincial People's Committee Phung Thanh Vinh requested the departments and agencies assigned the task to issue detailed guidelines, along with the responsibility for inspection and supervision at each level.
The Department of Finance is tasked with incorporating the opinions of the meeting participants, coordinating with the Provincial People's Committee Office to review and finalize the dossier, ensuring it is thorough, consistent, and in accordance with regulations; and submitting it to the Provincial People's Committee for signing, before presenting it to the Provincial People's Council for consideration and decision.
