The Official Letter on speeding up the disbursement of public investment capital in the last months of 2022 and early 2023

Published on 11 - 11 - 2022
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On 10/11/2022, the Prime Minister issued the Official Letter No. 1076/CD-TTg on accelerating the disbursement of public investment capital in the last months of 2022 and early 2023.

According to the Official Letter, in order to strive to achieve the goal of disbursement of public investment capital in 2022, the Prime Minister requested ministries, central and local agencies to uphold the sense of responsibility, focus on directing the implementation of more drastic, synchronous, timely and effective disbursement of public investment capital and the following key tasks and solutions:

- To focus on synchronous, drastic and effective implementation of solutions set out in the Resolution No. 124/NQ-CP dated September 15, 2022 of the Government, the Directive No. 19/CT-TTg dated October 17 2022 by the Prime Minister and relevant directives of the Government and the Prime Minister on the disbursement of public investment capital.

- Be drastic, proactive, positive, close, specific, really involved more substantively and according to the functions, tasks and powers assigned to guide the handling and removal of problems and difficulties in a timely and efficient manner. To increase the frequency of field inspection to immediately correct the shortcomings and inadequacies; the head must directly direct to remove difficulties and obstacles in the disbursement of public investment capital, assign leaders to be in charge of each project.

- To focus on settling site clearance, compensation and resettlement support in a timely and correct manner for the people, ensuring compliance with the law and harmonizing the interests of the State and the people, ensuring fast project implementation progress, especially national and key projects.

- To strengthen discipline in the disbursement of public investment capital; make advance, pre-acceptance, payment and recovery of investment capital in accordance with regulations and as soon as the volume is available; proactively review and transfer capital according to its competence between projects that are slow to disburse to the ones with better disbursement ability and need additional capital as prescribed.

- To urgently approve the decision on investment policy of the project, speed up the formulation and completion of the local planning; prepare all the best conditions to complete investment procedures, focus on doing well in investment preparation, project implementation, improving the readiness and feasibility to disburse the project's capital right after assigned the capital plan in 2023. To implement a clear and specific mechanism of assignment and coordination in terms of authority and responsibility among agencies and units in completing project investment procedures.

- To accelerate project appraisal and approval, strengthen post-audit work in the disbursement of public investment capital.

In addition, the Prime Minister assigned specific tasks to the ministries: Construction, Natural Resources and Environment, Industry and Trade, Agriculture and Rural Development.

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