Minister of Science and Technology Quan: Every penny of the budget must yield results

Minister of Science and Technology Vu Hai Quan evaluated budget allocation and utilization processes, reasons for slow disbursement, and proposed solutions for 2027 during the National Assembly's question-and-answer session.

In the context of limited disbursement rates allocated for science, technology, innovation, and digital transformation funds, Minister of Science and Technology Vu Hai Quan stated that instead of striving to reach disbursement targets at all costs, focus should be placed on improving the quality of budget allocation and utilization. During the National Assembly question-and-answer session on November 12, Deputy Hoang Minh Hieu raised the issue that disbursement rates in 2026 remained low.

Minister Vu Hai Quan explained four main reasons for slow disbursements: budget increases, legal time delays, changes in the way tasks are defined, and implementation capacity. It was stated that three solutions have been implemented by the ministry regarding budget proposal processes, the establishment of an information system, and prioritizing efficient budget utilization.