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 8 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 debt, and the accumulated replaceable hidden debt is 4 trillion yuan. Coupled with the 6 trillion yuan debt limit approved by the Standin...
On October 12, Minister of Finance Lan Foan said at a press conference of the State Council Information Office that the Ministry of Finance will use local governments and other tools to support the real estate market.
Minister of Finance Lan Fo'an introduced at the live broadcast of the State Information Office press conference: Since the beginning of this year, the central government has issued an employment subsidy fund of 66.70 billion yuan to support local governments to do a good job in the employment of key groups such as college graduates and class skills training. (Jin Ten)