Disbursement rate for public investment remains sluggish: MoF


Provinces, ministries and government agencies had allocated 664.9 trillion VND (26.7 billion USD) for public investment as of the end of September, showed data from the Ministry of Finance (MoF).

That total represented 98.1% of the plan previously approved by the Prime Minister, leaving 13 trillion VND unallocated.

By the end of last month, the estimated disbursement of public investments totalled over 320.5 trillion VND, or 47.3% of the yearly target, significantly lower than the 51.4% disbursement rate recorded during the same period last year.

Source: Vietnam News Agency