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Of this, centrally-managed capital reached VND62.1 trillion, 67.7% of the year’s plan or a year-on-year increase of 67.8%, and locally-managed capital posted VND292.5 trillion, 70.3% of the year’s plan or a year-on-year rise of 29%. 

In October alone, the implemented capital from the State budget is estimated to achieve 10.25% of the plan, recording a slight increase from the previous month. 

Specifically, this month represents a year-on-year 42.2% rise in implemented capital, at VND52 trillion. 

Compared to the same period last year, the growth rate of investment capital realized from the State budget in October, and in the Jan-Oct period, continues to hit the highest level from 2016 to 2020. 

“Although ministries, branches and localities are making efforts to focus on solutions to speed up disbursement of public investment capital, the impact of storms in the Central region in October has affected the progress of projects and works,” the report pointed out./.

BTA