News list for " municipal basis"
The Ministry of Finance and other six departments: It is strictly forbidden to borrow illegally for municipal infrastructure assets with no or insufficient income, and hidden debts must not be increased
Ministry of Finance six departments strictly prohibited for no income income insufficient municipal basis
On August 26th, the Ministry of Finance and other six departments formulated and issued the "Measures for the Administration of Municipal Infrastructure Assets (for Trial Implementation) ". The measures emphasize that municipal infrastructure assets invested and constructed by the government shall strictly perform the capital construction approval procedures in accordance with the law, implement the sources of funds, strengthen budget constraints, and prevent government debt risks. It is strictl...
2024-08-26 10:17:40
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