About 46.2 trillion VND (nearly 1.98 billion USD) of investment capital sourced from the state budget was disbursed in July, up 22.5% from a year earlier, according to the General Statistics Office (GSO).
The disbursed public investment increased 22.5% in July compared to the same period last year. (Photo: VNA)
Hanoi (VNA) – About 46.2 trillion VND (nearly1.98 billion USD) of investment capital sourced from the state budget was disbursed in July, up 22.5% from a year earlier, according to the GeneralStatistics Office (GSO).
The amount brought the seven-month figure to an estimated237.6 trillion VND, equivalent to 43.3% of this year’s target and rising 11.9%year on year.
The GSO said ministries, sectors and localities have beenworking hard to accelerate public investment disbursement amid strong productionand business recovery.
Among ministries and sectors, the Ministry ofTransport continued to take the lead during the first seven months, with over21.6 trillion VND of public capital disbursed, up 23.4% year on year.
Meanwhile, Hanoi, Ho Chi MinhCity, and Quang Ninh province outperformed other localities in this regard.Hanoi recorded nearly 24 trillion VND disbursed, a slight increase from thesame period last year.
Deputy Prime Minister Le MinhKhai recently held a meeting with ministries, sectors, central agencies, andlocalities to seek ways for ramping up the disbursement of public funds.
He asked them to be more responsiblefor capital management and use, noting that as the allocation and disbursementof public investment have great impact on the realisation of socio-economic developmenttargets, the work must be done in a swift, efficient, and law-abiding manner./.
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The disbursed public investment increased 22.5% in July compared to the same period last year. (Photo: VNA) 
