Disbursing 100% of public investment capital will not put too much pressure on inflation.

(Dan Tri) - Deputy Minister of Finance Nguyen Duc Chi emphasized that if the public investment disbursement target is not implemented well or is not achieved, it will certainly affect growth results.

At the regular Government press conference in September, Deputy Minister of Finance Nguyen Duc Chi emphasized that if the public investment disbursement target is not well implemented or achieved, it will certainly affect growth results.

Plan to disburse 100% of public investment capital

Therefore, the Government has been making efforts to synchronously deploy many solutions to achieve the target of disbursing 100% of public investment capital as planned. At the same time, the Ministry of Finance also coordinates with enterprises and localities to ensure effective implementation, associated with environmental factors and sustainable development.

Regarding concerns related to inflation, Deputy Minister Nguyen Duc Chi said that the disbursement of public investment capital has been calculated in the overall economic management.

Completing 100% of the disbursement plan will not put too much pressure on inflation, but on the contrary, will create a driving force to boost the economy, contributing to good control of the macroeconomic targets set for this year.

Deputy Minister of Finance Nguyen Duc Chi said that as of September 30, the disbursement of public investment capital nationwide reached over 51% of the plan. The Government's goal and action is to disburse 100% of the plan.

The Prime Minister has directed Deputy Prime Ministers and heads of teams to grasp and promptly support localities, ministries and branches to speed up disbursement progress and achieve the plan.

Deputy Minister of Finance Nguyen Duc Chi said that public investment disbursement will have a positive impact on all targets set at the beginning of the year (Photo: VGP).

Deputy Minister Nguyen Duc Chi affirmed that promoting the disbursement of 100% of public investment capital not only contributes to promoting economic growth and stabilizing the macro economy, but is also one of the key factors in realizing development goals. Public investment is one of the important tasks and important pillars to promote growth and ensure macroeconomic stability.

"We do not have to worry or fret that public investment disbursement will have a negative impact on other macroeconomic indicators or major balances of the economy, but it will have a positive impact on all the indicators we have set out since the beginning of the year. The Government is operating and implementing drastic solutions," the Deputy Minister emphasized.

This year's credit growth target is 16%.

Also at the press conference, Deputy Governor Doan Thai Son said that the State Bank of Vietnam (SBV) has set a credit growth target of 16% for this year. The SBV has also clarified that it will make adjustments in accordance with the reality during the operation process.

As of September 29, total outstanding credit balance of the entire system reached 17.41 trillion VND, up 13.4% compared to the end of last year. Credit capital continues to be directed to flow strongly into the production and business sector, accounting for about 78% of total outstanding debt.

Of which, some priority sectors account for a large proportion and record high growth rates. By the end of August, outstanding credit for agriculture reached VND3.9 trillion, accounting for 22.6% of the total outstanding debt of the whole system. Credit for small and medium enterprises reached about VND3.3 trillion, accounting for 19.04%.

Notably, areas related to innovation and technology grew strongly. Credit for supporting industries increased by 23.4%, while credit for high-tech enterprises increased by 25.14% compared to the end of last year.

Source: https://dantri.com.vn/kinh-doanh/giai-ngan-100-von-dau-tu-cong-se-khong-gay-ap-luc-qua-lon-len-lam-phat-20251005181915360.htm