Six working committees were set up by the prime minister to look into and speed up the distribution of public investment funding

DNHN - The working group is responsible for organizing the review and synthesis of difficulties and problems, as well as analyzing the causes of difficulties and obstacles in the process of implementing public investment projects, particularly those involving ODA and concessional loans from foreign donors at ministries and central agencies; both federal and local.

Prime Minister Pham Minh Chinh recently signed Decision No. 548/QD-TTG dated May 2, 2022, creating six working groups to examine, urge, eliminate problems and impediments, and speed the flow of public investment resources in the next year.

At ministries, central and local agencies, the assigned public investment capital plan for 2022 has not been completely allocated by April 30, 2022; the disbursed rate as of April 30, 2022, is lower than the national average (18.48 per cent). 

Working Group 4 inspects the following ministries and agencies: Agriculture and Rural Development, Industry and Trade, Transport, VT, TN-MT, Vietnam Farmers' Association, Electricity of Vietnam, Vietnam Union of Cooperatives, National Committee of Vietnam Union of Literary and Art Associations, Union of Science and Technology Associations of Vietnam, and Management Board of Hoa Lac Hi-Tech Park; locations: Ho Chi Minh City, Hanoi, Dong Hoi, Bacong

The working group is responsible for organizing the review and synthesis of difficulties and problems, as well as analyzing the causes of difficulties and obstacles in the process of implementing public investment projects, particularly those involving ODA and concessional loans from foreign donors at ministries and central agencies.

Suggest ideas for increasing public investment, capital distribution, and capital utilization efficiency; and suggest ideas for increasing public investment, capital distribution, and capital utilization efficiency.

The consistent execution of the public investment legislation and associated laws to eliminate problems and bottlenecks, accelerate project implementation progress, and distribute public investment projects.

Evaluating ministries', central, and local agencies' adherence to requirements on the creation, allocation, and assignment of public investment plans using state budget money in 2022.

 Evaluate the implementation of solutions to promote public investment capital disbursement under the direction of the government and Prime Minister in Resolutions No. 01/NQ-CP dated January 8, 2022; resolutions of regular government meetings; and directive documents of government leaders on accelerating public investment capital disbursement in 2022.

At the same time, consider your involvement in identifying, addressing, and resolving issues, barriers, and bottlenecks in the allocation of public investment resources between ministries, agencies, and jurisdictions. You should also execute responsibilities assigned by the Working Group's Head.

To submit inspection findings and recommend specific solutions to speed up the distribution of public investment funding to the Prime Minister within 5 working days after the conclusion of the inspection for ministries and agencies. both central and local.

PV