Investment capital under the State budget reached nearly VND 71 trillion (USD 4.44 bil)
Date: 7/30/2009 8:32:53 AM
Figures by the General Staticstics Office (GSO) of Viet Nam reported that the investment capital under the state budget, which was carried out in July reached more than VND 13.36 trillion (USD 835 mil), raising the figure in the first seven months this year to VND 70.94 trillion (USD 4.43 bil), 49.3% of the yearly target.
Investment capital under the State budget reached nearly VND 71 trillion (USD 4.44 bil).
Of this, central invesment capital posted more than VND 26.3 trillion, 46.5% of the yearly target and local investment capital was VND 44.6 trillion, 51.1% of the yearly target.
Almost all ministries reached large volume of implemented investment capital, such as; the Ministry of Industry and Trade, VND 159 billion, 66.8% of the yearly target; the Ministry of Culture, Sport and Tourism, VND 354.8 billion, 65.9% of the yearly target; and the Ministry of Education and Training, VND 492 billion, 64.1% of the yearly target. In particular, the Ministry of Construction only reached VND 177.3 billion of investment capital, 20% of the yearly target.
Localities with rapid disbursement progress are An Giang, 85.3% of the yearly target; Bac Ninh, 77.5% of the yearly target; Nghe An, 60.9% of the yearly target; Ninh Thuan, 60.2% of the yearly target; and Thua Thien – Hue, 58.5% of the yearly target.
(Source:VNBusinessNews)