Hanoi: Public investment disbursement was estimated at 355.61 trillion VND (14 billion USD) in the first 10 months of this year, fulfilling 52.2% of the annual target, according to the Ministry of Finance (MoF). Of this amount, 16.1 trillion VND was allocated to the national target programme, reaching 59.25% of the goal set by the Prime Minister. Among the 63 centrally-managed cities and provinces, 41 have disbursement rates higher than the national average.

According to Vietnam News Agency, the Ministry of Finance has highlighted the progress made in public investment disbursement over the past months. The figures indicate a significant portion of the allocated budget has been effectively utilized, contributing to various national projects. The national target programme, a crucial component of the government’s economic strategy, has achieved a substantial portion of its objectives, with 59.25% of its financial goals already met.

The report further elaborates on the regional performance in disbursement, not
ing that out of the 63 centrally-managed cities and provinces, 41 have exceeded the average national disbursement rate. This reflects a widespread commitment to advancing public investment projects across the country, ensuring the timely execution of infrastructure and development plans.

The Ministry of Finance continues to monitor and encourage efficient disbursement practices to ensure that the remaining budget is allocated effectively by the end of the fiscal year. The progress in disbursement is seen as a positive indicator of economic growth and development, aligning with the government’s objectives for national prosperity.

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