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Hai Duong Provincial People's Council has just decided to adjust and allocate the 5-year local budget public investment plan for 2021-2025 and 2024 for the 5th time (provincial budget source).
The People's Council of Hai Duong province decided to reduce more than VND 839 billion of 8 projects with surplus capital, projects implemented according to the progress plan decided by the Provincial People's Committee. At the same time, it assigned to increase nearly VND 4,000 billion of the 5-year capital plan for 2021-2025 from land use revenue to have capital to invest in a number of urgent new projects that need to start construction in the period of 2021-2025.
The total adjusted and increased capital of more than VND 4,800 billion is used to supplement 4 newly started projects in the medium-term plan but not enough capital has been allocated, supplementing the list and allocating to 17 newly started projects, supplementing with targets for 25 district-level projects, the rest will be allocated in detail later.
The Provincial People's Council also decided to adjust down nearly 714 billion VND of local budget capital in 2024 for 12 projects with surplus capital, the implementation progress is expected to be unable to disburse all the allocated capital. The total capital plan for 2024 adjusted, the 5th allocation of nearly 1,250 billion VND (including the above adjusted capital reduction and more than 533 billion VND not yet allocated in detail) is used to allocate to 8 provincial-level projects, targeted supplement for 3 district-level projects, the rest will be allocated in detail later.
See details of the Resolution of Hai Duong Provincial People's Councilhere
See the Resolution Appendixhere
PV