The Chinese Central Government will issue a 2023 national bond of 1023 State Bonds (RMB, Same, S $ 189.4 billion) in the fourth quarter of this year.The additional 100 trillion national debt is arranged to be used by the transfer payment method, and the central government shall bear the repayment of principal and interest.
According to CCTV news reports, the head of the Ministry of Finance said at the routine hair dryer held at the State Council's Journalism Office that the main goal of increasing the issuance of government bonds is to focus on supporting the reconstruction of reconstruction and making up for disaster prevention and mitigation.The shortcomings of disaster relief, overall improvement of China's ability to resist natural disasters, and better protect the safety of the people's lives and property.
In terms of the use of fund arrangements, Zhu Zhongming, deputy minister of the Ministry of Finance of China, said that the additional 10 trillion government bonds issued through transfer payment were arranged to be used for local use.The central government bornes without increasing the burden on local repayment.
The relevant person in charge of the Ministry of Finance also introduced that the additional issuance of the additional government bond funds was initially considered to arrange the use of 500 billion yuan in 2023, and transferred to 500 billion yuan in 2024.Relevant departments will refine work requirements for the eight expenses directions and propose financial subsidy standards or subsidy policies in accordance with the actual situation of various fields.
Zhu Zhongming said that in order to reduce the pressure of local fiscal supporting facilities, it will appropriately increase the central financial subsidy standards or subsidy ratios in relevant fields, increase support for local support, and ensure that the project can be implemented smoothly.
Zhu Zhongming said that in order to maintain the connection between the budget year, it will refer to the past practices, and set up a "post -disaster reconstruction reconstruction and enhance disaster prevention and relief capacity subsidy funds" in the central approach.Sexual transfer payment and special transfer payment are tied to concentrate on the expenditure of the addition of government bonds.
