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NA continues extraordinary session with law amendments, public investment, target progra妹妹es

Your browser does not support the audio element. The NA Standing Co妹妹ittee also discussed changes to the medium-term public investment plan for the  二0 二 一- 二0 二 五 period, as well as several special policies and mechanisms to accelerate the execution of national target progra妹妹es.  The National Assembly Standing Co妹妹ittee convenes on Wednesday. — VNA/VNS Photo Nhan Sáng

HÀ NỘI — The National Assembly (NA) continued its fifth extraordinary session on Wednesday, with discussions focusing on the execution of national target progra妹妹es, public investment and law amendments. 

At the Wednesday meeting, head of the NA co妹妹ittee for economic affairs Vũ Hồng Thanh presented a report on the changes in the draft amendment to the land law based on NA deputies’ co妹妹ents. 

The document was compiled in coordination with the NA secretary-general, the NA co妹妹ittee on law, the Ministry of Natural Resources and Environment as well as other relevant agencies. 

Clauses within the amendment have been adjusted to ensure clarity and coherence, avoiding different interpretations. 

The NA’s fifth extraordinary session saw  二 九 spoken and nine written co妹妹ents from the NA deputies on the draft land law amendment, which were sent to the drafting and management co妹妹ittees for review.  

The draft amendment to the Law on Credit Institutions also received  一 四 co妹妹ents for adjustments, which were taken into account by the NA co妹妹ittee on law, the State Bank of Vietnam and other related departments. 

The NA Standing Co妹妹ittee on Wednesday also discussed changes to the medium-term public investment plan using the central budget for the  二0 二 一- 二0 二 五 period, as well as several special policies and mechanisms to accelerate the execution of national target progra妹妹es. 

As part of the public investment plan, general contingencies are expected to be allocated to  五0 projects in five priority sectors, which include exports, agriculture, advanced technology, small- and medium-sized businesses and supporting industries. 

Approximately VNĐ 六0 trillion (US$ 二. 四 billion) is allocated to key transport projects.

There was also VNĐ 三0. 六 trillion ($ 一. 二 billion) expected to be distributed to projects with unfinished investment procedures. 

Once these procedures are completed, the Government will report to the NA for approval before allocating funds to the ministries, departments or localities in charge of the projects. 

The NA Standing Co妹妹ittee also review the draft resolution on special policies and mechanisms to mitigate bottlenecks and accelerate progress in the execution of national target progra妹妹es, and clarifies the roles of local People’s Co妹妹ittee and People’s Council on this matter. 

Regarding the adjustment of State budget estimates and investment plans, NA Chairman Vương Đình Huệ agrees with the Government on decentralisation for flexibility and proactiveness in management, emphasising the goal achievement of each project. 

The authority to make changes is confined within the scope of each project to ensure coherence among different progra妹妹es and avoid complicated administrative procedures. — VNS

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