VCN – In 2022, Dong Nai is one of the cities and provinces that allocated large public investment capital from the State budget with many key projects. To strive to disburse over 95% for the whole year, this unit has proposed many practical solutions to create maximum conditions for project investors.
|A project using State budget capital in 2022 in Dong Nai has just been completed. Photo: Thuy Linh.|
There are still many problems
In 2022, the People’s Councils’ total public investment capital plan assigned at all levels is VND 12,636 billion (including the capital transferred from 2021 to 2022). Dong Nai State Treasury currently manages investment capital spending for nearly 300 projects. According to the State Treasury of Dong Nai report, as of November 18, 2022, the average disbursement rate reached about 60%.
According to Mr. Huynh Ninh Tri, Head of the Department of Spending Management of Dong Nai State Treasury, the investors have effectively implemented the projects. However, in the first 10 months of 2022, the disbursement of investment capital still slow due to problems in compensation and site clearance; the impact of the Covid-19 pandemic and high price of materials made the construction contractors inactive, even some ask to liquidate the contract.
Mr. Huynh Ninh Tri gave an example, Nhon Trach district inter-port road project phase 1 is assigned a capital of VND500,000 million, but the Prime Minister has just assigned the medium-term public investment for the 2021-2025 period and the competent authorities have not approved the investment project, so it is not eligible to allocate capital for project implementation. Moreover, according to the expected progress in 2022, Dong Nai province only had time to complete the procedure for making a feasibility study report and submit it to the competent authorities for approval, so this capital could not be used.
Or as in another key project, which is the project of land acquisition, compensation and resettlement support at Long Thanh International Airport, the land fund development center is preparing compensation documents and has not approved a compensation plan. In addition, the provincial People’s Committee proposes that the Prime Minister adjust the project implementation time (the approved time is 2017-2021).
As for the ODA capital of the draining and wastewater treatment system in Bien Hoa city phase 1, the capital plan in 2022 is VND98.8 billion, so far, the Japan International Cooperation Agency (JICA) is concerned that dioxin will affect the project area, so they has not temporarily agreed to implement the next steps, so there is no completed work volume for disbursement.
Accelerating administrative reform, reducing workload on Treasury officers
According to Mr. Huynh Ninh Tri, from the beginning of the year, together with the entire State Treasury industry, Dong Nai State Treasury has closely followed the guidance of the Government, Prime Minister, Ministry of Finance, State Treasury and local Party committee and local authority to well perform the tasks assigned, in which, focusing on strictly controlling the payment and disbursement records.
The Treasury units also ensure the receipt and processing of payment documents submitted by investors to the State Treasury within the prescribed time. In particular, storing payment records at the State Treasury beyond the prescribed time without clear reasons is not allowed.
However, Mr. Huynh Ninh Tri said, the total amount of capital disbursed through the Treasury is large and the number of projects is large, while the human resource in charge of spending management is still limited (a total of 9 civil servants, including 2 leaders and 7 tellers), the treasury officers must regularly make efforts to overcome difficulties to complete their assigned tasks. However, in the year-end period (the end of December 2022 and the end of January 2023) the number of payment records is very large, so the treasury officers have to work more overtime and on holidays to complete the task.
To overcome these difficulties, the State Treasury will continue accelerating administrative reform and applied information technology. Currently, 100% of public investment capital payment records are transacted via the online public service system of the State Treasury and the program of capital funding control and payment through State Treasury. This has created maximum convenience for investors in the transaction process because the investors do not have to visit the State Treasury officer (except for some cases where the volume of dossiers and capacity is too large to be received online).
|Accelerating public investment disbursement|
VCN – After the implementation in seven months of 2022, the progress of disbursement has shown many …
Dong Nai State Treasury will also regularly grasp difficulties and problems from investors, proactively advising or coordinating with relevant units to advise the Provincial People’s Committee, District People’s Committee to solve the problems in monthly meetings held by the People’s Committees of provinces and districts and report to the superior State Treasury on problems beyond their authority related to mechanisms, policies, and regimes of public investment capital management.
Dong Nai State Treasury strives to disburse 95% of public investment capital or more under the direction of the Provincial People’s Committee.
By Thuy Linh/ Huyen Trang