Can Tho focuses resources on disbursing public investment capital in 2025
Can Tho - Chairman of the City People's Committee (City) Truong Canh Tuyen directed to focus resources to promote solutions for disbursing public investment capital in 2025.
On April 23, Chairman of Can Tho City People's Committee Truong Canh Tuyen signed and issued Official Letter No. 1838/UBND-XDDT, to direct relevant departments, branches, sectors and localities to synchronously deploy solutions to ensure the progress of public investment disbursement in 2025.
According to this document, the Chairman of the City People's Committee requested units to resolutely and seriously implement measures to speed up the disbursement progress according to the set plan.
Chairman of Can Tho assigned the Director of the Department, the heads of the city's agency, the city's department, the Chairman of the District People's Committee and the investors to organize the effective implementation of the content in Official Letter No. 5118/BTC-DT of the Ministry of Finance and the direction of the Chairman of the City People's Committee; ensure the disbursement of public investment capital is implemented on schedule, strictly and fully comply with the law; promptly report difficulties and obstacles, propose competent authorities for consideration and orientation to achieve disbursement goals in 2025.
For the Department of Finance assigned to preside over and coordinate with relevant units such as the State Treasury of the XIX Area and related units to monitor, urge and guide Investors to speed up the implementation of public investment projects; guide and support the settlement of capital for works and projects, ensuring disbursement on schedule.
The Department of Finance studies and advises, and proposes the City People's Committee to direct the content under its authority, and periodically reports to the Ministry of Finance and central ministries and branches according to the prescribed schedule.
According to the report, the situation of public investment capital allocation and disbursement in 2025 in Can Tho City has been assigned by the Prime Minister to the total public investment plan for the 2025 budget of VND 12,097.726 billion. Of which, local budget capital is VND 5,833.640 billion and central budget capital is VND 6,264.086 billion.
By March 31, 2025, Can Tho had allocated VND 10,443.354 billion in details and achieved a disbursement result of VND 931.327 billion, equivalent to 8.9% of the capital plan assigned by the City People's Committee in detail and reached 7.7% of the capital plan assigned by the Prime Minister.
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