THE AVERAGE TOTAL INVESTMENT FUND IN THE 2021-2025 PERIOD WILL BE ABOUT 32-34% OF GDP
On July 28, 2021, the National Assembly issues the Resolution No. 29/2021/QH15 on the medium-term public investment plan in the 2021-2025 period.
According to this Resolution, the average total investment fund of the whole society in five years for the 2021-2025 period will be about 32-34% of GDP, the average proportion of public investment fund in five years will be about 16-17% of the total investment fund of the whole society; strive for the average disbursement rate of public investment fund in the 2021-2025 period reaching over 90% of the plan assigned by the National Assembly; the number of projects completed in this period will reach over 80% of the total fund allocated projects, etc.
Besides, the total state budget fund for medium-term investment plans in the 2021-2025 period is VND 2,870,000 billion, including: VND 1,500,000 billion from the central budget; 1,370,000 billion balanced from the local budget. The amount of fund allocated to ministries, central agencies and localities shall be as follows: VND 1,090,014,445 billion from the central budget fund; VND 1,233,000 billion from the local budget fund.
