Total social investment capital disbursed in nine months up 6.8%: GSO
The total social investment capital disbursed during January – September rose 6.8% to some 2.42 quadrillion VND (97.2 billion USD) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).
The total social investment capital disbursed during January – September was around 97.2 billion USD. (Photo: VNA)
Hanoi (VNA) – The total social investment capital disbursed during January – September rose 6.8% to some 2.42 quadrillion VND (97.2 billion USD) on the back of a fall in lending interest rate, robust production growth, and the continuation of tax incentives, according to the General Statistics Office (GSO).
In its report announced on October 6, the office said disbursed capital in the state sector topped 664 trillion VND, inching up 4.1% against the same time last year, while the amounts in non-state and foreign direct investment sectors were over 1.33 quadrillion VND and 415.6 trillion VND, rising 7.1% and 10.7%, respectively.
The state investment has an important role to play in developing key national projects, contributing to promoting economic shifting in localities across the nation, while serving as seed funding to attract other investment sources, it stated.
GSO Director General Nguyen Thi Huong held that amidst global economic c🎐hallenges, the acceleration of the disbursement of investment capital together with harmonious and effective implementation of such solutions as marcroeconomic stabilisation, good control of inflation, and creation of a sound business environment are among the crucial factors to boost the economic growth in the remainder of the year./.
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