Among the
total commitment of US $5.914 billion made at the CG-2008 meeting, the signed
value reached US $3.85 billion up to late October 2009.
Bãi
Cháy Bridge, an ODA project in Hạ Long City of the northern province of Quảng
Ninh
Việt
Since November 1993, Việt
In the meeting 2009 between
the Government’s ODA Working Team and the World Bank (WB), eight fundamental “barriers”
to the disbursement of ODA were named, including prolonged approval of procedures
at the ministerial level; slow “kick-start” of projects; inharmonious regulation at
central and local levels; lack and delay of counterpart funding, including
money for site clearance and resettlement; and overlapped supervision over
payments and spending.
The MPI asked relevant
agencies and local authorities to speed up administrative reforms, simplify
procedures of receiving and realizing ODA capital; empower project owners to assess
and approve bidding results; and coordinate with donors to allocate sufficient
counterpart funding for ODA projects and programs.
It was also necessary to
establish and operate systems of monitoring and assessing national-level ODA projects,
so as to map out proper policies and measures to accelerate the schedule and
raise the disbursement rate, noted the MPI.
The total value of ODA signed
at the CG 2009 meeting is estimated to stand around US $5.07 billion. And
the disbursement figure for 2010 can reach US $2.47 billion, up 30% compared to
the plan 2009.
The WB, Asian Development
Bank and