Nearly 15% of public investment capital belongs to the unallocated state budget | Finance

Construction of Thay Xep bridge on the coastal route of Rach Gia-Hon Dat, Kien Giang by public investment capital. (Photo: Le Huy Hai/VNA)

According to the Ministry of Finance’s report, up to now, the total unallocated public investment capital from the state budget in 2023 is VND 104,611,593 billion, accounting for 14.80% of the plan assigned by the Prime Minister.

According to the report, by January 31, the total public investment capital under the state budget in 2023 has been allocated is 638,613,081 billion VND, reaching 90.32% of the capital plan assigned by the Prime Minister. 707,044,198 billion VND).

The Ministry of Finance said that if the local budget balance capital plan assigned by localities is not included in the increase of VND 36,180.476 billion, the total allocated capital is VND 602,432,605 billion, reaching 85.20% of the plan. plan assigned by the Prime Minister.

Of the unallocated capital, the capital of ministries and central agencies is VND 22,751,426 billion, accounting for 11.71% of the plan assigned by the Prime Minister. The amount of unallocated capital in localities is 81,860.167 billion VND, accounting for 15.96% of the plan assigned by the Prime Minister.

The report of the Ministry of Finance also clearly states that for central budget capital (excluding capital, National Target Program), among the ministries, central and local agencies that have submitted the 2023 capital plan allocation report, there are 14/33 ministries, central agencies, and 40/63 provinces and centrally run cities that have not yet been allocated. all plans of capital from the central budget have been assigned by the Prime Minister.

Notably, a number of ministries, central and local agencies have a relatively high proportion of unallocated capital such as Hai Phong (100%), Ninh Binh (100%), the Party Central Committee’s Office (80.2%). .

[Bộ GTVT yêu cầu lập kế hoạch giải ngân vốn chi tiết từng tháng]

In 2023, the total capital of the public investment plan will come from State budget is 756,111,862 billion dong, of which domestic capital is 727,111.86 billion dong, foreign capital is 29,000 billion dong.

The Ministry of Finance said that the reason the domestic capital has not been allocated is mainly because the projects have not yet met the investment procedures, so they are not eligible to assign detailed capital plans; foreign capital has not been allocated because it has not completed the procedures for signing a loan agreement, has not yet signed a loan agreement with the donor or is consulting donors to complete the procedure for using excess capital.

As for the local budget balance, 32/63 localities assigned the plan to balance the local budget increased compared to the Prime Minister’s allocation from land use revenue, revenue increase, lottery source. local necessity.

However, besides that, there are still 18/63 localities that have not fully allocated the capital plan to balance the local budget. The reason is that some localities have just assigned the first phase of the plan, some projects have not completed investment procedures, have not allotted all investment capital from land use sources, and overspended the local budget.

As for the planning capital of the National Target Program, by the end of January 2023, the Ministry of Finance had received reports on capital allocation plans of 39/48 localities. Currently, 16/39 localities have allocated detailed capital to the project list.

The Ministry of Finance said that through the process of inspecting and reviewing the allocation of capital plans by ministries, central agencies and localities, the Ministry of Finance found that there were still some outstanding problems such as capital allocation and capital allocation. for a number of projects that are not yet eligible for disbursement, new construction projects without investment decisions; investment preparation projects without an approved investment preparation budget…

The financial has sent a document to ministries, central and local agencies requesting to readjust the detailed allocation plan in accordance with regulations as a basis for inputting cost estimates and controlling payments for projects./.

Thuy Duong (VNA/Vietnam+)

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