Nghe An plans to recover undisbursed capital of 10 projects

Through review, inspection and comparison, the whole province has 93 projects and works that have not fully disbursed the capital from the provincial budget allocated in 2023 (as of January 31, 2024). The total remaining undisbursed capital of 93 projects and works is more than 878 billion VND.

From the remaining capital, based on the study of legal provisions and the authority of the Provincial People's Council to decide on local budget capital, allowing the extension of the implementation period and disbursement of annual public investment plan capital but not later than December 31 of the following year for ongoing projects; The People's Committee has developed a plan and draft resolution to handle the remaining undisbursed capital from the provincial budget allocated in 2023 to submit to the 18th Provincial People's Council, term 2021 - 2026 for consideration and decision at the 19th session, scheduled to be held on April 22, 2024.

Specifically, the Provincial People's Committee proposed two solutions. One is to allow the extension of the implementation period and disbursement of the allocated capital for 85 works and projects (from 2023 to December 31, 2024, with a total capital of more than VND 872.2 billion). This solution is to create conditions for investors to continue disbursing the allocated capital to complete and promote the effectiveness of works and projects.

Second, recover the undisbursed capital of 8 projects (corresponding to 8 capital allocations in the decisions of the Provincial People's Committee) that are not eligible to transfer the source to 2024 according to regulations, or have no more spending needs with a total amount of nearly 5.8 billion VND.

8 projects proposed to recover the remaining undisbursed capital include: 3-storey office building of Ky Son District People's Committee; road and flood bridge construction project in Chau Kim Commune, Que Phong District; traffic road, section from tea hill to Bai Lim, Phuc Son Commune (Anh Son District); project to renovate and expand the office of the Department of Construction; project to maintain and repair Muong Noc suspension bridge, Que Phong District; Que Phong District waste treatment site project; Hanh Dich suspension bridge project; Ban Bo suspension bridge, Cam Muon Commune.

Along with reviewing and proposing a plan to handle the remaining undisbursed capital from the provincial budget allocated in 2023; the Provincial People's Committee has also reviewed, proposed a plan, and drafted a resolution to handle the remaining undisbursed capital from the public investment plan from the local budget in 2023.

The specific plan proposed by the Provincial People's Committee allows extending the implementation and disbursement period until December 31, 2024, with an amount of more than VND 8.7 billion for 19 projects;Recovered over 13.8 billion VND of 2 projects: Renovation and upgrading of main irrigation canals of Vuc Mau reservoir; traffic road connecting National Highway 46 to Kim Lien relic site and Nhan Thap temple, Hong Long commune, Nam Dan district.