Ministry of Finance to Utilize Government Bond Funds Fully, Including Ultra-Long-Term Special Bonds

Deep News

Dec 13

On December 12, Lan Fo'an, Party Secretary and Minister of the Ministry of Finance, chaired a Party group meeting. The meeting emphasized that fiscal authorities must accurately grasp the overall requirements and policy direction for next year's economic work. It highlighted the need to maintain necessary fiscal deficits, total debt levels, and expenditure volumes while enhancing policy precision and effectiveness.

The ministry plans to fully utilize various government bond funds, including the issuance of ultra-long-term special bonds, to sustain support for "dual priorities" in construction and "dual new" initiatives. Additionally, efforts will focus on optimizing policies for "dual new" sectors and leveraging the "dual-discount" policy for personal consumption loans and loans to service sector businesses. This aims to strongly bolster initiatives to stimulate consumption.

(Source: Ministry of Finance website)

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