The Vietnamese government will speed up the injection of public investment funds

2019-08-23     NGUYEN ANH DUONG 기자

(Engineering Daily) Nguyen Anh Duong reporter = There has been a series of comments on the pace of budget execution in Vietnam for public investment.

Vietnam's prime minister's office said it has officially called for early implementation of public investment capital for each ministry.

The move is also affecting the pace of economic growth as the country's non-executed budget for this year's plan reached $1.51 billion.

The U.S. budget of $1.51 billion represents 9.3 percent of the total budget for the year, compared with only 32.27 percent for the January-July period, according to the report.

Accordingly, Prime Minister Nguyen Xuan Phuc ordered ministers to carry out their responsibilities, and some officials with poor performance are expected to be held accountable.

Meanwhile, Vietnam's Prime Minister's Office said it will hold a national meeting around September to discuss ways to implement public investment capital.