News list for " local governments"
On November 8th, Minister of Finance Lan Foan introduced at the press conference of the 12th meeting of the Standing Committee of the 14th National People's Congress held on November 8th that starting from 2024, our country will arrange 800 billion yuan from the new local government special project bonds every year for five consecutive years, which is specially used for chemical bonds, and the accumulated replaceable hidden debt is 4 trillion yuan. Coupled with the 6 trillion yuan debt limit app...
On October 11, Zheng Zhajie, director of the National Development and Reform Commission, wrote in the People's Daily that we should do a good job in investment management and project construction. Firmly implement the strategy of expanding domestic demand, and accelerate the "two-fold" construction and "two-new" work. Give full play to the key role of investment, make good use of policy tools such as investment within the central budget, super-long-term special government bonds, and local govern...
1. The Political Bureau of the CPC Central Committee held a meeting: in-depth implementation of the local government debt risk mitigation plan. 2. The Political Bureau of the CPC Central Committee held a meeting: to issue and make good use of ultra-long-term special government bonds as soon as possible, and to use policy tools such as interest rates and deposit reserve ratios flexibly. 3. The Bank of Japan kept the scale and frequency of bond purchases unchanged in the updated Q2 plan. 4. CIBC: ...
