NPC Standing Committee Approves Increasing Local Government Debt Limit by 6 trillion Yuan
2024-11-08 08:14:26
The 14th National People's Congress the 12th meeting of the Standing Committee of the National People's Congress today deliberated and passeddesk3cryptocurrencydesktopCrypto News
The 12th meeting of the Standing Committee of the 14th National People's Congress today (8th) deliberated and approved the most vigorous debt reduction measures in recent years: increasing the local government debt limit by 6 trillion yuan to replace the stock of hidden debt, making room for local governments to better develop the economy and protect people's livelihood.
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