Ho Chi Minh City adds nearly 5,000 billion VND to 'upgrade' 5 suburban districts

On the morning of November 11, the Ho Chi Minh City People's Council passed a resolution adjusting and supplementing the medium-term public investment plan for the 2021-2025 period using local budget capital.

Accordingly, the HCMC People's Council allocates VND29.6 billion for projects with increased capital according to the decision approving the final settlement or the expected final settlement projects. At the same time, allocates VND1,030 billion for ongoing projects that, after review, need additional capital (without increasing the total investment) to complete the project.

In addition, the Ho Chi Minh City People's Council also added 4,945 billion VND from the Ho Chi Minh City budget to 5 suburban districts to implement projects under the new rural program for the 2021-2025 period.

The goal of capital allocation is to bring Cu Chi and Hoc Mon districts to meet the standards of advanced new rural districts, and the other 5 districts will ensure that 50% of communes meet the standards of advanced new rural areas.

According to the capital allocation plan, Cu Chi district is allocated 1,643 billion VND, Hoc Mon district is allocated 891 billion VND, Nha Be district is allocated more than 564 billion VND, Binh Chanh district is allocated more than 1,295 billion VND and Can Gio district is allocated 550 billion VND.

Ho Chi Minh City People's Council delegates voted to approve adjustments and supplements to the medium-term public investment plan for 2021 - 2025.

The Ho Chi Minh City People's Committee is responsible for determining the specific project list, notifying the capital level for each locality and only assigning the medium-term public investment plan for each project after the districts complete the investment procedures.

According to the 2021 - 2025 medium-term public investment plan, the local budget capital approved and adjusted by the Ho Chi Minh City People's Council has a total capital of VND 242,390 billion, of which more than VND 230,800 billion has been allocated in detail, the remaining unallocated capital is VND 11,584 billion.

After allocating to the above programs and projects, the remaining reserve capital of VND 5,579 billion can be supplemented for the medium-term public investment plan for the 2021-2025 period.

The Ho Chi Minh City People's Council assigned the Ho Chi Minh City People's Committee to continue reviewing and making a list of specific projects to submit to the Ho Chi Minh City People's Council for decision on investment policies, decision on adjusting investment policies and allocating capital for these projects at the next meetings.

Source link: https://thanhnien.vn/tphcm-bo-sung-gan-5000-ti-dong-nang-cap-5-huyen-ngoai-thanh-185231111102404944.htm