Bac Lieu stops allocating capital for a series of unnecessary projects
Bac Lieu - The province officially transfers budget capital for both the medium term and 2025 for unnecessary projects in the context of preparing to end district-level activities and merge communes and wards.
The adjustment for both contents: medium-term public investment plan for the period 2021-2025 from local budget sources, public investment plan for 2025 from local budget sources, including revenue from lottery.
For the medium-term public investment plan, 9 portfolios were adjusted down with a total amount of over 182 billion VND to be allocated to 21 other portfolios. Some project categories have been cut to allocate capital such as: Hung Vuong Guest House No. 1 renovation and repair project invested by the Civil Works Investment Project Management Board with 4 billion VND. The reason for the adjustment is that the project has not been approved.
The Bac Lieu City Administrative Center construction project approved by the Provincial People's Committee in 2023, with a capital for the period 2021-2025 of over 145 billion VND, has also been cut. Reasons for temporary suspension of the project.
The project of renovating and painting items in the office of Bac Lieu Broadcasting Station also temporarily suspended and adjusted capital of 4.9 billion dong; The project of painting and renovating the provincial Party Committee's headquarters decreased by 7 billion dong due to the approval of the project; The project of renovating and renovating the provincial Inspectorate headquarters transferred the capital allocated more than 4 billion due to the suspension of the project ...
The projects with allocated capital (increased) are considered necessary for people's lives with large investments such as: The sidewalk renovation project, lighting for decoration on National Highway 1A, the section from Bac Lieu BOT station to Bac Lieu City Victory Roundabout is allocated an additional capital of more than 22.8 billion VND. The sidewalk project and drainage system of the road from Quan Lo Phung Hiep roundabout to Phuoc Long district cemetery have been adjusted to increase by nearly 13 billion VND...
For the lottery source, 13 portfolios with an amount of nearly 300 billion VND were also adjusted down to allocate capital for 26 other project portfolios that were considered more frustrating.
Notably, the reserve capital for 2025 (logistics lottery) recorded at nearly VND450 billion has also been completely cut to attract capital allocated to other more urgent and urgent projects and works.
Read the original here
