An ODA-funded transport project in Ho Chi Minh City
Nhan Dan Online/VNA – Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Planning and Investment (MPI), in collaboration with several other ministries and the State Bank of Vietnam, to accelerate the implementation and disbursement of projects and programmes using official development assistance (ODA) and preferential loans.
These agencies will be responsible for reviewing, updating and completing data on attraction, management and use of ODA capital and preferential loans, while listing projects with completed balance procedures.
The MPI will collaborate with State management agencies in the field, to grasp the implementation of ongoing ODA-funded projects and programmes of ministries, sectors and localities, thus taking timely measures to address difficulties for them.
The Deputy PM has also assigned the ministry to team up with donors and relevant agencies to propose the establishment of a specialised unit that supports the settlement of difficulties, as well as ODA loans to aid site clearance on a number of selected projects.
It will work to perfect legal regulations on corruption prevention in managing and using ODA and preferential loans, while enhancing supervision to prevent violations.
Improvements have been required in preparation of projects, so as to reduce changes and adjustments in the implementation process, which can result in losses and slower progress.
Ministries, agencies and localities have also been urged to draw up measures to hasten the progress of delayed projects.
According to the MPI, as much as US$2.8 billion was disbursed in the first half of this year, up 22% year on year.
Deputy PM requests ODA disbursement acceleration Related image(s)
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