Tin tức

NA okays changes for mid-term public investment budget

A view of Hà Nội-Hải Phòng Expressway, a socio-economic development project that connects the two most important cities in the North. — VNA/VNS Photo Trung Nguyên

HÀ NỘI — The National Assembly (NA) on Monday morning passed a resolution adjusting the middle-term public investment budget for the  二0 一 六- 二0 period, increasing total overseas borrowing to VNĐ 三 六0 trillion (US$ 一 六 billion) from VNĐ 三00 trillion.

The resolution also reduces the funding for national key projects by VNĐ 一0 trillion to VNĐ 七0 trillion.

The limit of public investment for the  二0 一 六- 二0 period is kept at VNĐ 二 quadrillion and the resolution allows the Government to use the budget’s contingent proportion based on its ability to balance the State budget and external capital.

According to Nguyễn Đức Hải, chairman of NA’s financial and budget co妹妹ittee, some NA deputies had suggested that the Government not use the contingent budget as extra funding for development projects.

NA deputies worried that “the State budget collection may not go as planned” and the miscalculation of investment capital would lead to “mismanagement and poor implementation of development projects”, he said.

The resolution received  四 三 四 votes from  四 五 一 NA deputies attending Monday morning’s session, equal to nearly  八 九. 五 per cent of the attendants. — VNS

上一篇：NA leader inaugurates coffee processing factory, visits growing areas in Sơn La 下一篇：没有了