Debt control solutions will be in the direction of reviewing, arranging (or proposing to arrange) a capital plan to repay the debt of completed projects that have been reviewed and approved by competent authorities.
Prioritize payment of basic construction debt for transitional projects; if there is any surplus, then start construction of truly urgent projects.
The outstanding debts of basic construction from 2015 and earlier need to be reviewed, the capital structure in the total investment needs to be clearly identified, and a written report must be sent to the competent authority to adjust the medium-term public investment capital plan for the period 2021 - 2025 to arrange a capital plan for final settlement.
Carry out settlement of completed projects and project items to have a basis for advising competent authorities to arrange debt payment capital plans.
For basic construction debt of projects under the central budget expenditure task from 2020 and earlier, investors need to proactively review and advise the Provincial People's Committee to report to the competent authority for the policy of using provincial budget capital to pay off debt for completed volume.
For projects under provincial spending tasks, investors must quickly complete settlement procedures to arrange capital to pay off debt.
District People's Committees focus on controlling capital construction debts and direct commune People's Committees to control capital construction debts. Localities are responsible to the Chairman of the Provincial People's Committee for the occurrence of capital construction debts in their localities.
The Department of Planning and Investment and the Department of Finance are responsible for monitoring, inspecting, and reviewing capital allocation, resolving debt situations in basic construction, and promptly reporting to the Provincial People's Committee to handle any arising issues and problems.
Source: https://baoquangnam.vn/quang-nam-tap-trung-xu-ly-no-xay-dung-co-ban-du-an-dau-tu-3142413.html
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