Vietnam Targets Swift Public Capital Disbursement
Prime Minister Pushes for Efficient Utilization
In a bid to propel economic growth amidst global uncertainties, Vietnam aims to disburse 95% of its public investment capital this year. This ambitious target was set by Prime Minister Pham Minh Chinh during the 15th National Assembly's sixth plenary session.
Breakthrough Solutions Sought
Recognizing challenges hindering capital disbursement, Prime Minister Chinh has emphasized the need to identify bottlenecks and implement breakthrough solutions. The government is working to remove obstacles and create a favorable environment for businesses and investors.
Trailblazing Areas
To accelerate progress, Vietnam has identified three trailblazing areas for efficient capital utilization: encouraging private investment, promoting public-private partnerships, and streamlining administrative procedures.
Steadfast Amidst Headwinds
Despite global economic headwinds, Vietnam remains committed to boosting public investment. The government's efforts aim to stimulate economic activity, create jobs, and enhance infrastructure development.
Meeting the Target
Prime Minister Chinh has directed all relevant authorities and sectors to take decisive actions to meet the 95% disbursement target. The government is monitoring progress closely and expects tangible results to drive Vietnam's economic recovery.
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