The teleconference on the disbursement of programs and projects of ODA and foreign preferential loans

Published on 30 - 10 - 2020

On the morning of October 29, 2020, Prime Minister Nguyen Xuan Phuc chaired a teleconference with ministries, branches, central agencies and localities on the implementation and disbursement of ODA programs and projects and foreign preferential loans.

At the conference

At the provincial destination, the conference drew the attendance of: Mr. Do Tien Sy, Member of the Party Central Committee, Provincial Party Secretary, Head of the Provincial Delegation of the National Assembly; Mr. Tran Quoc Toan, Chairman of the Provincial People's Council; Mr. Dang Ngoc Quynh, Member of the Provincial Standing Committee, Standing Vice Chairman of the Provincial People's Committee and leaders of a number of departments, branches and units.

According to the report of the Ministry of Planning and Investment, as of October 31, 2020, the disbursement of foreign-invested capital plans has reached 18,089 billion VND, getting 30.15% of the plan assigned by the Prime Minister. In which, the disbursed capital of the ministries, branches and central agencies is 5,824 billion VND, reaching 27.07%, the local disbursed capital is 12,265 billion VND, reaching 31.87%. For the foreign public investment plan in 2019, extending the implementation and disbursement to 2020, as of October 31, 2020, it is 10,151 billion VND, equivalent to 69.72%, most ministries, branches, central agencies and localities have low disbursement.

At the conference, ministries, branches and localities evaluated the disbursement situation of ODA programs and projects and foreign preferential loans; outlined experiences as well as difficulties, problems, recommendations and proposed to the Government and the Prime Minister for corrections.

Speaking at the conference, Prime Minister Nguyen Xuan Phuc acknowledged the efforts of ministries, branches, central agencies, provinces and cities; in the context of many difficulties and problems, they still determined to perform the disbursement plan of capital sources for projects and programs. The Prime Minister asked the leaders of the ministries, branches and localities to drastically and synchronously focus on intensifying the direction, inspection and urging the handling of current shortcomings in the capital disbursement. The ministries, branches and localities are answerable to the Prime Minister for the provision of sufficient reciprocal capital sources for ODA programs and projects. After this meeting, each province, each city, each ministry has a meeting to review responsibilities, remove difficulties and problems of each project. The Prime Minister assigned the task to the Ministry of Planning and Investment and the Ministry of Finance to study to change the procedures related to the disbursement of investment capital in a simpler way.

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