Vietnam in need of faster fund disbursement


The finance ministry report showed that the disbursement rate was disappointing, at 39.06% in the first 11 months of this year, equivalent to 3.287 trillion dong. — VNA/VNS

HANOI: Drastic measures are needed to remove blocks and accelerate the disbursement of foreign-funded public investment in the remaining months of this year, as the rate remains far below the target of 95%, according to the Finance Ministry.

The ministry’s report, revealed at a conference to discuss solutions to speed up the foreign-funded public investment on Tuesday, showed that the disbursement rate was disappointing, at 39.06% in the first 11 months of this year, equivalent to 3.287 trillion dong, lower than the rate of 53.16% recorded in the same period last year.

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