Vietnam to Disburse 22Tr dong Public Investments A Month From Now to End-2012

Vietnam to disburse VND22 trillion public investments a month from now to end-2012, said Nguyen Thi Minh, deputy Finance minister at the government’s regular meeting on July 3.

Ngan said, in 2012 Vietnam planned to disburse VND180 trillion development investment projects and VND45 trillion funded by government bonds, however, in the first half of this year, the country spent VND81 trillion from development investment fund and VND10 trillion from government bonds.

The country will have to disburse around VND22 trillion public investment each month and the Ministy of Finance is discussing to find solutions to boost up disbursement, Ngan said.

http://stoxplus.com/News/83815/1/188/vietnam-to-disburse-vnd22 trillion-public-investments-a-month-from-now-to-end-2012.stox

 

Category: Economy