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Budget modifications to the five local bonds number of "positive norms",hogan rebel ebay
About 2013 central and local budgets and the implementation of the central and local budgets draft report in 2014, considered and adopted yesterday.
"First Financial Daily" correspondent was informed that the budget was for the original five-point modification. Wherein a modification, whether to issue bonds by local media reports have raised speculation tightening signal.
But the reporter interviewed understood that this may not mean that the place to issue bonds will be tightened.
Local bonds on a number of "positive norms"
Mentioned in the Budget: local finance balance of payments 400 billion yuan, an increase of 50 billion yuan more than in 2013, the State Council agreed that the Ministry of Finance to issue or continue the pilot local governments issue bonds to make up their own local governments,?chaussure louboutin, and included in the provincial budget management .
"First Financial Daily" a modification of the draft budget for instructions on obtaining a display, which revised the deleted "or continue the pilot issued by the local self-government" in this section, modified to "the State Council issued by the Ministry of Finance local government bonds to make up for. "
Draft Budget section on fiscal policy, wrote in 2014, will strengthen local government debt management, including measures to "study the development of local government bonds also spontaneous self-reform program to promote some places to carry out reform."
Deputy director of Institute of Fiscal Science dynasty was that the deleted portion of the reason may be because the expression is no "spontaneous self also" a more complete and accurate, and clear the way bonds and debt.
For now spontaneously government bonds in the place where the pilot,ed hardy bracciali, it does not conflict with these reforms, the dynasty was said that the current four places since the implementation is also spontaneous.
Moreover,adidas forum mid, the draft budget of the Ministry of Finance shows that local bonds will have a number of "positive norms,doudoune moncler," including research to give local government authority lawfully moderate debt financing, the establishment of government bonds as the theme of local government debt financing mechanism for local government debt category management and quota control. In terms of financing models, we will promote the use of social capital and government cooperation model (PPP),louboutin prix, allowing local governments to borrow at the same time regulate,lacoste lunette de soleil, regulate the financing platform companies financing behavior.
Real estate transactions continue to drive revenue growth
Yesterday,woolrich parka donna, the Ministry of Finance official website announced the public finance balance of payments data for the first two months of this year, the data show a continuation of the trend of the past year, real estate continued to boost volume increase related revenue growth.
Data show that China's fiscal revenue 2.5 trillion yuan, an increase of 11.1%. Among them,moncler uomo, the central fiscal revenue 1.18 trillion yuan, an increase of 9.2%,louboutin chaussures, excluding special factors,boutique louboutin, the central fiscal revenue growth of about 6%.
The level of local fiscal income of 1.3 trillion yuan,?chaussures louboutin, an increase of 12.9%, net of real estate transactions directly related to the real estate business tax and enterprise income tax, deed tax,acheter louboutin, land value-added tax after the income of local fiscal revenue growth of about 9%.
Specific data show an increase of 6.3% sales tax. Among them, the real estate sales tax 98 billion yuan,moncler outlet online, up 13.2 percent; construction industry business tax, an increase of 14.2%.
Ministry of Finance press release said, "factors increase a few months before the real estate and other daily Driving Effect", deed tax grew 27.5%; land value rose 27.5%; urban land use tax, an increase of 15.3%.
Since the end of the first quarter of last year, real estate transactions related to tax fiery drive was the rapid growth in the first two months of the start of the year continues this trend.
However,air max 95, a large real estate transaction tax at the same time, there are two issues of concern: First, real estate taxes over the years been accused of repeated and pushed up prices too high; the second is easy to fear alive backlog of real estate transactions risk .
Middle of last year, many officials stand,doudoune moncler femme, rely on real estate transactions to promote local financial growth "unsustainable."
Audit Commission published late last year in the size of local government debt also pointed out that over-reliance on local government debt financing land sales by the end of 2012, 11 provincial,?air max 90 pas cher, 316 municipal, county government is committed to 1396 land the balance of income to repay the debt accounted for 37.23 percent of the city and county levels of government bear the responsibility to repay debt balance.
During the two sessions,chaussures louboutin soldes, the reporter also local officials said debt funds mainly from financial income and land transfer payments, although not explicitly accounted for distribution, but financial capital remained at the level of administrative expenditure operation, the debt on the land transfer revenue dependent on high.
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