The Ministry of Finance: Activate the limited amount of the special debt of the local government, and better play the role of leverage

Zhongxin Jingwei, September 5th. On the afternoon of the 5th, the State Council's Policy Office held a routine blower of the State Council to introduce the continuation policies and measures for the stability of the economy. At the press conference, the assistant Minister of Finance said at the press conference that the Ministry of Finance will revitalize the special debt limit stock of the local government in accordance with the law and better play the role of special bond funds.

Irving and Han said that after the promulgation of a solid policy and measures for the economy, the Ministry of Finance attached great importance to it, quickly refined relevant work, and resolutely implemented the implementation. Specializing in the deployment and implementation of the National Financial Conference, follow -up policy implementation progress every week, and promote various policies and measures.

In terms of policy implementation, the first is to further increase the tax refund policy. From July 1st, 7 industries including wholesale and retail industry, accommodation and catering industry have been included in the policy scope. This year, the Central Finance has specially arranged transfer of 1.2 trillion yuan to support the implementation of tax refund and tax reduction at the grassroots level. Funding and pre -allocation mechanism separately. From January to July, a total of 2.06 trillion yuan was processed, and more market entities enjoyed policy dividends. At the same time, organize budget income in accordance with laws and regulations to effectively guarantee key expenditure needs.

The second is to accelerate the progress of financial support. As of the end of July, the central government had reached 9.17 trillion yuan in local transfer payment, accounting for 93.6%of the total annual scale, and all the funds with conditions have been reached. %, The expenditure has formed 2.1 trillion yuan in various places, accounting for 65.1%of the total amount of the total amount, and effectively supports the "three guarantees" of market entities, protecting employment, protecting people's livelihood, and grass -roots finances.

The third is to accelerate the use of special bonds for local governments. As of the end of August, a total of 3.52 trillion yuan of special bonds has been issued, and the amount used for project construction has been basically issued, which is greatly advanced from previous year. At the same time, the new infrastructure and new energy projects are included in the scope of key support for special bonds to better play the role of special bonds to drive effective investment.

The fourth is to support difficulties in small and medium -sized enterprises. While implementing the implementation of various tax preferential policies, the scale of financing guarantee business is expanded and the financing guarantee rate is reduced. From January to August, the National Financing Guarantee Fund's new re-guarantee cooperation business scale was 827.8 billion yuan, an increase of 54.9%year-on-year; the average guarantee rate was 0.68%, a decrease of 0.14 percentage points from the same period last year. Increase government procurement support for small and medium -sized enterprises, and help SMEs add orders, increase power, and stabilize expectations.

Owen Han said that recently, the State Council has deployed 19 continuation policies and measures for the stability of the economy. The financial department will conscientiously implement the decision -making and deployment of the Party Central Committee and the State Council, revitalize the special debt limit stock of the local government in accordance with the law, and better play the role of special bond funds; slowly pay some administrative and business charges to help enterprises and individual industrial and commercial households reduce burdens; support Make good use of policy development financial instruments to promote the orderly implementation of important projects. (Zhongxin Jingwei APP)

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