The Mayor of Ho Chi Minh City (HCMC), Phan Van Mai, has issued a fourth reminder to multiple agencies and departments to expedite the disbursement of public investment funds. This call to action comes as the city strives to meet its financial targets for 2024. The Mayor has urged those responsible for managing public investment projects to closely monitor progress and ensure that funds are disbursed according to schedule. Specifically, he directed the 11 departments and districts that have yet to reach a 95% disbursement rate to revise their plans for the remainder of the year, focusing on accelerating project implementation and streamlining administrative procedures. The Mayor’s directive highlights the importance of efficient public investment management for driving economic growth and development in HCMC.
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