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You are here: Home / PM chairs meeting on speeding up public investment disbursement

PM chairs meeting on speeding up public investment disbursement

· July 16, 2020 ·

Prime Minister Nguyen Xuan Phuc speaks at the event (Photo: VNA)   Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc chaired an online meeting on July 16 between permanent Government members and localities on speeding up public investment disbursement.  PM Phuc cited the calculation of the General Statistics Office as saying that every 1 percent of domestic investment contributes to raising GDP by 0.06 percent, so the Government and localities nationwide must therefore take responsibility for disbursing public capital of over 633 trillion VND (nearly 28 billion USD).  The PM asked that subjective and objective causes of delays in disbursement of investment and official development assistance (ODA) be identified.  Secretaries of Party Committees, Chairpersons of People’s Committees at all levels, and ministers were assigned to directly deal with problems in the disbursement process, while inspection delegations from the Party Central Committee, the Government, and Chairpersons of the provincial People’s Committees must monitor their efforts, he said. The government leader also pledged to promote emulation, commendation, and personnel assessments, and directed that disbursement, debt repayments, and construction payments not be delayed.  He hailed several localities for performing the task well, including Nghe An, Ha Nam, Thai Binh, Hung Yen, Tien Giang,… Read full this story

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PM chairs meeting on speeding up public investment disbursement have 279 words, post on en.vietnamplus.vn at July 16, 2020. This is cached page on Talk Vietnam. If you want remove this page, please contact us.

Filed Under: Business Prime Minister Nguyen Xuan Phuc, Vietnamplus, Vietnam News Agency, public investment disbursement, General Statistics Office, Business, General Statistic, public sector pension investment board, public meeting, public investment, public investment fund, Speed Invest, public investment corporation, public meet, saudi public investment fund, public meetings, private investment in public equity, pm meeting, Public Investment Fund of Saudi Arabia, public investment bank, public investment fund saudi, public investment companies, public investment in infrastructure, public investment fund careers, public investment funds, public investments, public investment bank bhd, investment adviser public disclosure

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