PPC evaluates the results of disbursement of public investment capital for 11 months, key tasks in December 2023

According to a report of the Department of Planning and Investment, Quang Ngai province was allocated more than VND 6,789 billion for the total investment capital plan in 2023 by the Prime Minister.  

The province has so far allocated to localities more than VND 6,730 billion.

In the first 11 months of 2023, Quang Ngai disbursed public investment capital at 68.29%, higher than the national average (national average of 65.1%). 

At the meeting, representatives of agencies, units, departments and localities reported and explained in detail the reasons for slow disbursement.

Concluding the meeting, the Chairman of the Provincial People's Committee asked departments and localities to focus on the disbursement of allocated capital, striving that in 2023, Quang Ngai province must disburse public investment capital of at least 95% or more. 

For localities under delay of disbursement, the Provincial People's Committee will resolutely cut off capital and will not reallocate. They must allocate their own funds to complete the project. 

For investors who have committed to disbursing 100% of capital by the end of 2023, they must be determined to achieve the plan.

M.H