Sun. Nov 24th, 2024

Prime Minister Nguyen Tan Dung has approved an action plan on improving
the implementation of projects and programmes using official
development assistance (ODA) and preferential loans in the 2014-15
period.

Under the plan, the Ministry of Planning and Investment
will be responsible for devising a project on attraction, management and
use of ODA capital and preferential loans from 2016 to 2020.

The
ministry will review ongoing ODA-funded projects and programmes as well
as consider those expected to use ODA and soft loans in order to ensure
that they do not exceed the public and government debt ceiling
approved by the National Assembly. These projects are expected to be
submitted to the Government in the last quarter of 2015.

The PM
also assigned relevant ministries and sectors to perfect the legal
system and mechanisms on ODA and preferential loans, while enhancing
their capacity in managing and implementing projects.

They have been asked to increase transparency, prevent corruption and enhance supervision and assessment work.

The
Ministry of Natural Resources and Environment will build a circular
instructing site clearance process while relevant ministries will
collaborate with donors to review all projects, programmes and bidding
packages and then propose specific measures to ensure transparency in
project management.-VNA

By vivian