Ninh Binh's public investment disbursement reaches 51.7% of yearly target

In 2023, Ninh Binh was allocated over 6.49 trillion VND of public investment capital disbursement, of which more than 1.46 trillion VND sourced from the central budget while the rest from the local budget.

By the end of September, Ninh Binh had disbursed more than 3.33 trillion VND (135.5 million USD), equivalent to 51.7% of this year's target assigned by the Prime Minister.

With this result, Ninh Binh ranked 33rd out of 63 provinces and centrally-run cities nationwide in public capital disbursement.

To disburse all the allocated public capital, the Ninh Binh Provincial People's Committee has asked departments, sectors, agencies and localities to remove difficulties and hindrances and accelerate the progress and disbursement of public investment-funded projects, particularly key projects of strategic significance such as East-West road (first phase) and coastal road (first phase).

The provincial People's Committee also requested departments, sectors and agencies and People's Committees of districts and cities to speed up site clearance and construction; review and transfer capital disbursement plans to projects in line with legal regulations; build plans to reduce and djust capital plans of projects suitably and effectively.

The departments, sectors and localities were also asked to pay special attention to managing and controlling capital sources so as to prevent basic construction debts.

Translated by Nguyen Thuy