Hanoi, Vietnam, March 2 -- The figure includes VND583.700 billion for central budget to cover deficits, and VND376,005 for repayment of debts.
The Government said it will mobilize the funding through issuance of Government bonds, international bonds, official development assistance and concessional loans, and other lawful resources.
Meanwhile, local governments shall be allowed to borrow VND26,079 billion and use around VND3,979 billion to repay their debts thiss year.
The Government requests ministries, agencies and localities to speed up disbursement of public investment capital in a bid to raise the efficiency of State funding.
It also urges the Ministry of Finance to strictly control budget overspending at both central and local lev...