Allowing extension of disbursement of Central Budget capital in 2023 to 2024
The Ministry of Finance has just issued an official dispatch announcing and guiding the implementation of procedures to implement the policy allowing the extension of disbursement of public investment capital from the Central Budget in 2023 to 2024.
The policy to allow extending the implementation and disbursement time of the 2023 Central Budget investment plan to 2024 is stipulated in Official Dispatch No. 45/TTg-KTTH of the Prime Minister and Official Dispatch No. 3922/BKHĐT-TH of the Ministry of Planning and Investment.
Accordingly, on June 4, 2024, the Ministry of Finance issued Official Dispatch No. 5717/BTC-DT on extending the implementation and disbursement time of the 2023 Central Budget investment plan to 2024, requesting:
Central and local ministries, agencies, and localities, based on the list and capital levels provided by the Ministry of Planning and Investment in Official Dispatch No. 3922, urgently notify investors of the capital extended from 2023 to 2024 for each project; direct investors to coordinate with the State Treasury where the transaction takes place to carry out procedures to transfer the capital extension from 2023 to 2024 for the projects.
The State Treasury shall base on the list notified by ministries, branches and localities to investors to disburse the extended capital plan of the projects. The implementation and disbursement period is until December 31, 2024.
Disbursement must not exceed the remaining undisbursed Central Budget capital plan for 2023 of the project and the planned capital level for 2023 announced to be extended to 2024 in Official Dispatch No. 3922 of the Ministry of Planning and Investment. The procedure for disbursement and settlement of investment capital from the Central Budget of projects shall comply with the provisions of the Government's Decrees.
The Ministry of Finance also requested ministries, ministerial-level agencies, government agencies, other central agencies and People's Committees of provinces and centrally run cities to direct investors to proactively deploy solutions to promote implementation progress and capital disbursement, ensuring that by December 31, 2023, all the announced extended capital is disbursed.
Implementing Official Dispatch No. 5717 of the Ministry of Finance, dated June 5, 2024, Nghe An Provincial People's Committee issued Official Dispatch No. 4633/UBND-KT assigning departments, branches, sectors; People's Committees of districts, cities, towns; management boards and investors to implement the contents required by the Ministry of Finance. Assign the Department of Planning and Investment to preside over and coordinate with relevant units to advise on implementation.