Vietnam plans US$3 bln gov't bond issue next year (21/12)
06/08/2010 - 30 Lượt xem
Priority will be given to projects in education, healthcare, and supporting 62 poor districts and the agriculture sector.
Healthcare projects will be allotted VND5.6 trillion while the education sector will receive VND6.5 trillion, Nguyen Bich Dat, deputy head of Ministry of Planning and Investment said at the meeting that discussed the 2010 state budget plan.
The Finance – Budget Standing Committee suggested that the government give careful consideration to distribution of budget funds to general hospitals in provinces as well as hospitals specializing in treating pneumonia, mental disorders and cancer; as well as pediatric hospitals due to its limited resources.
The government should also consider allocating VND2 trillion to building student dormitories in 2010 as such projects have very slow disbursement, the finance-budget committee said.
It suggested that allocation for transportation projects managed by the Defense Ministry be cut to VND2 trillion from the planned VND3.2 trillion out of a total of VND28.8 trillion given to transportation projects.
From 2011 onwards, the government should cut down investments from government bond issues for those localities, agencies and sectors that haven’t used up the funds in previous years, said Phung Quoc Hien, head of the committee.
Hien also proposed the government not provide capital for projects that haven’t completed necessary investment procedures, and that it enhances supervision of projects funded by government bonds.
Source: Thanhniennews
