Gov’t Plans to Spend Approx. US$1.8 billion on Public Investment Projects in 2023

• 29 October 2022
• Local News
• 1679 Views

In 2023, the government plans to spend over US$1.8 billion to develop public investment projects, or equivalent to 5.89% of GDP, an increase of 25.2% compared to the 2022 budget.

According to the draft law on finance for management in 2023, the expenditure plan will focus on four key areas including:

-Construction and rehabilitation of roads, bridges, sewers, and the reconstruction of flood-damaged infrastructure.

-Rehabilitation and construction of irrigation systems

-Improvement of food production and agricultural productivity

-Construction of infrastructure, education, and vocational training centers

 

 

 

• Projects Development
• Investment and Funding
• Road and Infrastructure