Agree to adjust the central budget public investment plan in 2024

The National Assembly Standing Committee agreed to adjust the domestic capital plan of 20 ministries, central and local agencies by 7,313,553 billion VND to supplement 12 ministries, central and local agencies respectively.

100% of the members of the National Assembly Standing Committee agreed with the adjustment of the public investment plan from the central budget in 2024. (Photo: DUY LINH)

Afternoon of October 8, Standing Committee of the National Assembly Review and decide on adjusting the central budget public investment plan for 2024.

Presenting the above content, Deputy Minister of Planning and Investment Tran Quoc Phuong said that the Government submitted to the National Assembly Standing Committee for approval the plan to adjust the plan. public investment Central budget resources in 2024 among ministries, central and local agencies.

Specifically, for domestic capital, the 2024 public investment plan of 20 ministries, central and local agencies will be adjusted down by VND 7,313,553 billion to make corresponding adjustments and supplements for 12 ministries, central and local agencies.

Regarding foreign capital, the 2024 public investment plan of 3 ministries and 1 locality will be adjusted and supplemented by VND 1,133,313 billion to the Ministry of Health and 13 localities respectively.

Deputy Minister of Planning and Investment Tran Quoc Phuong. (Photo: DUY LINH)

In the review report, Chairman of the National Assembly's Finance and Budget Committee Le Quang Manh stated that the Committee basically agreed with the Government's proposal. At the same time, he requested the Government to continue urging and directing ministries, branches and localities to review and allocate capital in accordance with regulations and in accordance with the project implementation/disbursement capacity, ensuring the economical and effective use of capital.

Through discussion and conclusion on this content, Vice Chairman of the National Assembly Nguyen Duc Hai said that the National Assembly Standing Committee agreed to propose adjusting and supplementing the public investment plan from the central budget in 2024 according to the plan submitted by the Government.

The Vice Chairman of the National Assembly stated that the Government will review and take responsibility for ensuring that projects with increased or decreased capital comply with procedures and conditions as prescribed by law.

At the same time, ensure that the adjustment to reduce the 2024 public investment capital estimates of ministries, branches and localities does not affect the implementation of projects that have been allocated capital or have been expected to be allocated capital by competent authorities.

Vice Chairman of the National Assembly Nguyen Duc Hai delivered his concluding remarks. (Photo: DUY LINH)

The allocation and addition of capital to projects must ensure that projects assigned to the medium-term public investment plan for the period 2021-2025 have sufficient investment procedures and are capable of absorbing and disbursing capital in 2024, and are not extended to the following years. The amount of capital to be added, and the total amount of capital after being added to the tasks and projects must not exceed the capital of the medium-term public investment plan from the state budget assigned and the amount of additional capital according to regulations.

The Vice Chairman of the National Assembly also requested the Government, ministries, central agencies and localities to learn from experience to arrange capital in accordance with the implementation progress and disbursement capacity of tasks and projects, limiting the need to adjust and reduce the assigned capital plan. At the same time, there must be drastic solutions to allocate the remaining unallocated capital, accelerate the disbursement progress of investment capital; manage and use capital economically and effectively, and combat negativity and waste.

After collecting opinions, 100% of the members of the National Assembly Standing Committee present agreed with the above content. Vice Chairman of the National Assembly Nguyen Duc Hai assigned the Finance and Budget Committee to preside over and coordinate with the Law Committee and the Ministry of Planning and Investment to collect opinions of the National Assembly Standing Committee to complete the draft Resolution on this content.

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