Disbursed public investment up 5.6 percent in seven months
The disbursed public investment declined in July due to the surge in COVID-19 cases, but it still grew 5.6 percent in the first seven months of 2021 as compared to the same period last year.
The disbursed public investment stood at 210.8 trillion VND in the first seven months of 2021 (Photo: VNA)
Hanoi (VNA) – The disbursed public investment declined in July due to the surge in COVID-19cases, but it still grew 5.6 percent in the first sevenmonths of 2021 as compared to the same period last year.
The General Statistics Office(GSO) reported that the disbursed capital sourced from the State budget was estimatedat 38.3 trillion VND (nearly 1.7 billion USD) in July, down 1.7 percent monthon month and 12.4 percent year on year.
The figure between Januaryand July reached 210.8 trillion VND, equivalent to 44.3 percent of this year’starget and up 5.6 percent from the same period last year.
The sum comprises 35.2trillion VND managed by central agencies and another 175.6 trillion VND bylocalities, respectively rising 12.7 percent and 4.3 percent year on year,statistics show.
The COVID-19 resurgence hasaffected the implementation of public investment projects in 19 southernprovinces and cities which are applying social distancing measures under the Prime Minister’sDirective 16/CT-TTg, as well as some others imposing anti-pandemic measuresunder Directive 15/CT-TTg, the GSO said.
It cited localities asreporting th🗹at many projects have been halted or lagged behind schedule, butinvestors, management boards, and contractors are making efforts and pledge toaccelerate project implementation after the social distancing period is over./.
The Minister of Transport has issued Directive 06/CT-BGTVT on speeding up public investment disbursement in 2021 to successfully realise the socio-economic plan and State budget estimate for the year.
The agricultural sector has disbursed about 3.52 trillion VND (152.98 million USD) of public investment in the first six months of 2021, completing 35.83 percent of its yearly target, according to the Ministry of Agriculture and Rural Development (MARD).
The disbursement rate of public investment capital in 2021 is expected to reach between 95-100 percent of the plan assigned by the Prime Minister, according to the Ministry of Planning and Investment.
The northern province of Thanh Hoa disbursed more than 5.13 trillion VND (222.92 million USD) in public investment in the first half of 2021, representing 54.4 percent of the yearly plan and a year-on-year increase of 9 percent, making it the country’s sixth best performer.
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The disbursed public investment stood at 210.8 trillion VND in the first seven months of 2021 (Photo: VNA) 
