Slow ODA disbursement reaches alarming level

by VTV427 June 2019 Last updated at 15:39 PM

VTV.vn - Half of 2019 has already passed but the disbursement of ODA and preferential capital from foreign countries has only reached 2.7% of this year's target which was approved by the National Assembly.

At a conference on solutions to promote capital disbursement in Hanoi, disbursement of ODA was evaluated as slow to an alarming level. This is the reason many projects lack capital and are incomplete. A large amount of capital is still in the treasury and the government has to pay interest. Representatives of many ministries and localities have mentioned that it’s necessary to issue a new decree on the management of ODA and preferential loans so that these resources can promote economic growth.

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