Nghe An ranked 3rd out of 29 units in terms of public investment disbursement rate.
Nghe An's public investment disbursement results in the first 7 months of 2024 reached 50.5% of the plan, higher than the same period in 2023 (40.2%) and higher than the national average of 34.68%.
Nghe An ranked 3rd out of 29 units in disbursement rate.

On the morning of August 30, the Government's Working Group No. 2 held an online meeting with 29 ministries, central and local agencies nationwide to inspect and remove difficulties and obstacles, and promote the disbursement of public investment capital in 2024.
Comrade Tran Hong Ha - Deputy Prime Minister, Head of Working Group No. 2 of the Government chaired the live meeting in Hanoi. The Nghe An province bridge was chaired by Comrade Bui Thanh An - Member of the Provincial Party Standing Committee, Vice Chairman of the Provincial People's Committee.

The conference listened to the Ministry of Planning and Investment report on the allocation and disbursement of the public investment capital plan for 2024. Accordingly, in 2024, the total state budget investment plan assigned by the National Assembly and the Prime Minister to 29 ministries, central and local agencies is 231,665,947 billion VND.
Of which, domestic central budget capital is 90,364,541 billion VND; foreign capital is 13,071,849 billion VND and local budget capital is 128,229,557 billion VND.

The total disbursement result of all capital sources by the end of July 2024 of 29 ministries, central and local agencies is VND 87,072,786 billion, reaching 37.59%, higher than the national average (34.68%). However, the disbursement rate is uneven among ministries, central and local agencies.
Specifically, there are 8 units with disbursement results higher than the national average. Including: Ministry of Transport, Ministry of Construction, Ministry of Information and Communications and the provinces: Thanh Hoa, Nghe An, Binh Dinh, Ha Tinh, Thua Thien Hue. There are 16 units with disbursement rates from 10 to 34%; especially, there are 5 units with disbursement rates below 10%.
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In Nghe An province alone, the total planned capital assigned by the Prime Minister is 9,076.67 billion VND and the disbursement result in the first 7 months of the year is 4,583 billion VND, reaching 50.5% of the plan, higher than the same period in 2023 (40.2%) and higher than the national average of 34.68%; ranked 3rd out of 29 ministries, central and local agencies in group 2 and ranked 2nd out of 13 localities.
Some sources of disbursement achieved high rates such as: National Target Program on New Rural Construction reached 67.13%; foreign capital reached 73.74%; local budget capital reached 50.15%. The key project Vinh - Cua Lo Boulevard completed phase 2 and opened to traffic on August 29, 2024.

At the conference, localities raised difficulties and obstacles affecting the progress of investment projects at ministries, central agencies and localities, and proposed solutions to the Government and central ministries and branches.
The most important issues are difficulties in site clearance and resettlement; difficulties in ensuring the supply of construction materials; and the inability to balance local budgets to implement projects due to difficulties in revenue from granting land use rights in localities.

Review to remove difficulties and obstacles
Based on the feedback and proposals from localities, ministries and central agencies, concluding the conference, Deputy Prime Minister Tran Hong Ha requested ministries, central agencies and localities to focus on reviewing each type of project, clearly classifying the causes, responsibilities and implementation commitments for projects that have been allocated central and local budget sources to report to the Ministry of Planning and Investment before September 15, 2024, on that basis, report to the Government to resolve issues within their authority; in which the first requirement is the responsibility of ministries, central agencies and localities to focus on resolving obstacles and difficulties within their authority and internal responsibilities in the spirit of self-reliance and self-improvement.
At the same time, through review, localities will reasonably transfer capital sources between districts and between sectors, speeding up the disbursement progress of public investment in 2024.
Deputy Prime Minister Tran Hong Ha also gave some guiding views related to transferring capital between localities, or returning capital to the Central Government, or requesting the Central Government to allocate more, it is necessary to clarify the conditions for proposing additional allocation. Allocating more capital to localities due to difficulties in revenue sources for granting land use rights must prioritize important inter-regional projects, climate change projects to implement capital advances to ensure speeding up progress and completing projects.
Regarding the difficulty in construction materials, when approving a project, it is necessary to carefully calculate where to get the materials; during the preparation process and decision on the project investment policy, if it is not really certain, it is necessary to pay the capital to the Central Government...


