Nghe An: Disbursement of public investment capital in 5 months reached nearly 33%

Yen Thanh is one of the districts with a fairly good disbursement progress. In the photo: Construction of the town road - Duc Thanh, Yen Thanh. Photo: Thu Huyen

The 2018 public investment plan for Nghe An province assigned by the Central Government is 5,450 billion VND (not including the source of the housing support program for people with revolutionary contributions, which is supplemented with a target for the district budget to be directly allocated to beneficiaries). The volume of implementation in the first 5 months of the year is 2,189 billion VND, reaching more than 40%; disbursement is 1,795 billion VND, reaching nearly 33% - higher than the national average of 24.7%; Estimated disbursement in 6 months is 2,583 billion VND, reaching 47%.

According to the Department of Planning and Investment, there are 3 sources of disbursement that have achieved quite good results: Government target programs, land use revenue and lottery revenue. There are 5 districts with very good disbursement, reaching over 50%: Yen Thanh 72%, Quynh Luu 64.2%, Thanh Chuong 56.37%, Hung Nguyen 56.29% and Dien Chau 55.39%.

There are 6 localities achieving over 40%: Anh Son, Do Luong, Nghi Loc, Nghia Dan, Tuong Duong and Cua Lo town.

Some districts have changed from not disbursing any money or disbursing low in the first quarter to now disbursing above the provincial average: Tuong Duong 41%, Con Cuong 37.64%, Thai Hoa Town 34.61% and Vinh City 33.1%.

Graphics: Thu Huyen

However, currently, some capital sources and some units are still disbursing slowly. In particular, there are 2 low disbursement sources that reduce the overall disbursement rate of the province: national target program sources and foreign capital. For the national target program, the 2018 plan was assigned 557.8 billion VND, but so far only more than 32 billion VND has been disbursed, reaching only 5.76%.

Regarding foreign capital, the 2018 plan assigned 671.2 billion VND to 09 projects. Up to now, only 146 billion VND has been disbursed, reaching nearly 22% of the assigned plan.

There are 4 localities with disbursement rates below 20%: Nam Dan 4.84%, Hoang Mai Town 16.62%, Que Phong 19.12% and Ky Son 19.18%.

To promote the disbursement of the 2018 public investment plan, according to the leader of the Department of Planning and Investment, the provincial working groups are currently inspecting the progress in the localities. After the delegations report the inspection results, the Department of Planning and Investment is assigned to synthesize and evaluate the project, classify the groups of problems according to each locality, each industry and field to have appropriate solutions to remove difficulties in order to speed up the implementation progress.Speed ​​up the progress of administrative procedures in the stages of project appraisal, budget design, capital plan tabmis entry, disbursement procedures... in all sectors and levels to speed up the progress of implementation and disbursement of the 2018 public investment plan.