2014年4月24日星期四

Local debt detailed provisions should be designed to open to prove risk

twelve National People's Congress Standing Committee on the draft budget amendment; many participants recommended to retain the bank manager treasury functions

"local debt 'open' to prove risk"

participants stressed, the budget law is a people's livelihood issues "economic constitution", the relationship to control government money bag, can realize the sunshine government, let the national finance "from the people, for the people". Suggestions to the attention of the society public budgets, special transfer payments, the local debt and other hot issues focus on refining and improving the.

yesterday, the NPC Standing Committee on Cheap soccer jerseys the budget law amendment (Draft) three review. Many participants at the meeting that, allow local governments to issue Cheap NHL Jerseys bonds should be careful, should refine clause design, to prevent the local debt may be out of danger.

Commissioner Gu Shengzu said, the local debt has four problems: according to the audit office, the local government debt scale growth rate of 20%, while the GDP growth of only 7%-8%; a considerable part of the local government debt ratio has reached 100% or even more than 100%; the heavily indebted, highly dependent on land income fund Cheap Beanies use extreme is not standard.

"place for debt problem, the current situation should not let go, let go of the need to prove whether the risk?" Ren Maodong members said. The Han Xiaowu Committee said, "now (three Edition) while doing some restrictions, but according to our present conditions, once open hole, the actual work can control?"

in addition to the local debt problem, the researchers also treasury management, the NPC Budget Supervision, budget transparency, suggestions.

■ questioning

The

gate opening would lead to "two run"?

"the past 30 trillion in government debt, some people say that is a 'black box', the debt is opaque, and it is a 'black hole', so more to emphasize the information disclosure and how 'the sun'," Gu Shengzu suggested, the budget law how to set the local debt "firewall", required for the the views of the community, but we should guard against the "moral risk".

said he read, design the terms of the three reviewers, is the control of the central government debt scale, debt right is the provincial government, but the money is City Hall even to the county, "government officials think I owe much, not me, I can give it to the people behind it, or my debt I can give up, people also. If you have this idea and consciousness, moral hazard is very serious, the situation in the future may be the 'two Cheap hats run department', is a provincial government to Beijing to run the debt scale, the Cheap soccer jerseys country two is City Hall and county government to the provincial capital city to find finance for money".

will cause a performance several session of baggage?

Commissioner Luo Liangquan also talked about the three reviewers, proposed, "approved by the debt scale, structure, usage as the people's congresses at and above the county level to focus on content". But in reality, "the county level government to >

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