Prime Minister: 'If there is money but it cannot be disbursed, it is a mistake to the people'

Pham Bang DNUM_CGZAJZCACC 12:20

(Baonghean.vn) - Prime Minister Pham Minh Chinh emphasized that disbursing public investment capital is an extremely important task. If we have money but cannot disburse it, we are guilty towards the people and have not fulfilled our responsibility towards our homeland and country.

On the morning of September 26, Prime Minister Pham Minh Chinh chaired a national online conference on promoting public investment disbursement and implementing 3 national target programs.

Also attending the meeting at the Government headquarters were Deputy Prime Minister Le Minh Khai, Deputy Prime Minister Le Van Thanh; leaders of ministries, branches and central agencies.

At Nghe An bridge, comrades: Nguyen Duc Trung - Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee; Hoang Nghia Hieu - Deputy Secretary of the Provincial Party Committee, Vice Chairman of the Provincial People's Committee; Le Hong Vinh - Member of the Standing Committee of the Provincial Party Committee, Permanent Vice Chairman of the Provincial People's Committee; Bui Dinh Long - Vice Chairman of the Provincial People's Committee co-chaired.

Prime Minister Pham Minh Chinh chairs a national online conference on promoting public investment disbursement and implementing three national target programs. Photo: VGP/Nhat Bac

PUBLIC INVESTMENT DISBURSEMENT RATE REACHED 46.7%

Opening the conference, Prime Minister Pham Minh Chinh emphasized that disbursement of public investment capital is a solution to contribute to growth, recovery and socio-economic development of the country, job creation, new development space, and rapid and sustainable development. Although the Government has directed strongly, the disbursement rate of public investment capital is low, and the implementation of the 3 National Target Programs is slow. Therefore, it is necessary to clarify the reasons why, who is responsible, and what are the solutions?

At the conference, the leaders of the Ministry of Planning and Investment reported that the total state budget investment plan for 2022 approved by the National Assembly is over VND 526,105 billion, of which the central budget is VND 222,000 billion and the local budget is over VND 304,105 billion. To date, ministries, branches and localities have allocated and assigned detailed plans to projects with complete investment procedures and disbursement conditions of over VND 508,362 billion, reaching 93.8% of the plan assigned by the Prime Minister.

View of Nghe An province bridge.

As of September 30, the country has disbursed VND253,148 billion, reaching 46.7% of the plan assigned by the Prime Minister. There are 2 central agencies and 10 localities with disbursement rates reaching over 70% of the assigned plan; 39/51 ministries, central agencies and 22/63 localities have disbursement rates below the national average, of which 14 ministries, central agencies and 1 locality have disbursed less than 20% of the assigned plan.

For the 3 National Target Programs, by September 23, 47/52 localities had completed the assignment of capital plans to affiliated agencies, units, and levels; of which 29/52 localities had allocated and assigned 100% of the assigned plans. 10/52 localities assigned over 90% of the plans, the rest assigned over 70% of the plans.

According to the Ministry of Planning and Investment, there are about 25 shortcomings, difficulties and obstacles in many different fields leading to slow progress in disbursing public investment capital, belonging to 3 groups: difficulties related to institutions and policies; difficulties related to implementation organization and difficulties specific to the 2022 plan.

Deputy Minister of Planning and Investment Tran Quoc Phuong speaks at the Conference. Photo: VGP/Nhat Bac

For the 3 National Target Programs, the reason for the slow implementation is that the allocation and assignment of capital plans in some localities have not ensured the deadline according to the direction of the Government and the Prime Minister. The implementation of the process of establishing, appraising and approving investment projects at all levels in most localities has not been completed.

At the conference, local leaders focused on clarifying difficulties, obstacles, bottlenecks, and bottlenecks; causes of slow disbursement of public investment capital, slow project progress, and slow implementation of the 3 National Target Programs; and shared good and creative models and practices. Leaders of central ministries and branches also reported on disbursement results and analyzed, clarified, and commented on the recommendations of localities.

In 2022, the total public investment plan of Nghe An province assigned by the Prime Minister is VND 10,685.521 billion. As of September 20, 2022, the total disbursed capital is VND 4,159.55 billion/plan, reaching 38.93%. Excluding the source of the National Target Program, the province's disbursement result is 44.3%, of which the central budget source is 42.41%.

DISBURSEMENT OF PUBLIC INVESTMENT IS AN EXTREMELY IMPORTANT TASK

Concluding the conference, the Prime Minister highly appreciated the frank and responsible opinions of the delegates attending the conference and requested the Ministry of Planning and Investment, the Government Office and relevant ministries and branches to synthesize, complete and urgently advise the Prime Minister to issue a Directive on accelerating the disbursement of public investment capital in 2022 and improving the quality of public investment planning in 2023.

The Prime Minister emphasized that the Government has issued 10 Resolutions, organized 3 national meetings; the Prime Minister has issued 4 telegrams, 7 directives on public investment, but the progress in disbursement is still sluggish and slow. The Prime Minister requested central ministries and branches to review and cut down administrative procedures in implementing the 3 National Target Programs; localities to focus investment, not spread it out; promptly report on obstacles and difficulties for resolution.

Prime Minister Pham Minh Chinh concluded at the conference on accelerating disbursement of public investment capital. Photo: VGP/Nhat Bac

The Prime Minister requested ministries and branches to focus on removing and advising the Government to remove the shortcomings, limitations, difficulties and obstacles that have been pointed out. Central and local agencies must strictly follow the direction of the Government and the Prime Minister, resolutely implement the proposed solutions, focus on promoting the disbursement of key projects to ensure legal procedures, efficiency and quality. Study and assign monthly public investment disbursement targets to each investor, consider the disbursement targets as the basis for assessing the level of completion of year-end tasks and consider assigning the 2023 public investment capital plan of the unit.

Ministries and sectors focus on building and perfecting institutions according to assigned tasks, ensuring deadlines, quality and feasibility according to Resolution No. 124/NQ-CP. Strictly implement the law on public investment, speed up and improve the quality of investment preparation for projects.

Leaders of departments, branches and sectors of Nghe An province attended the conference. Photo: Pham Bang

Central and local ministries, branches must identify that disbursing public investment capital is the top priority task, enhancing the responsibility of leaders; Resolutely tighten discipline, order, strengthen inspection, audit, supervision, post-inspection, strictly handle violations; strictly control the goals and efficiency of capital use to ensure fairness, publicity and transparency. Along with that, promote administrative reform, apply information technology in handling procedures on public investment.

Prime Minister Pham Minh Chinh requested central and local ministries, sectors and agencies to coordinate more closely on issues related to public investment management. In the last months of the year, sectors and localities should prioritize leadership and direction to promote public investment disbursement, especially the three national target programs.

Pham Bang