nterim Measures for the introduction of local government debt risk assessment and early warning

 

nterim Measures for the introduction of local government debt risk assessment and early warning

recently, our province issued the "Interim Measures" of the local government debt risk assessment and early warning, in the establishment of early warning indicators of the main object, a clear warning at the same time, outstanding debt risk prevention and mitigation and risk assessment and early warning results used for our province to further strengthen local government debt management, lay the foundation for the system to prevent financial risks.

"measures" clearly pointed out that the main government debt risk assessment and early warning of the financial departments at all levels, and is responsible for the implementation of grading, the provincial financial department unified organization to carry out the province's local government debt risk assessment and early warning, municipalities (state), the county finance department unified organization to carry out government debt risk assessment and early warning work in this area. Government debt risk assessment and early warning of the work of the provincial level, city (state) level, county level. Economic Development Zone Administrative Committee and other government agencies at or above the county level in accordance with the administrative affiliation into the government management. The government debt risk assessment and early warning indicators including new debt ratio, debt ratio, debt ratio, debt rate and debt rate of comprehensive overdue, and in accordance with state regulations, timely adjustment, debt risk assessment and early warning results in principle published once every six months, the Provincial Department of Finance estimates based on comprehensive risk assessment and early warning indicators, and the calculation results for the provincial government approval, to the municipalities (state) government announced the list of risk early warning and risk warning list.

"measures" requirements, municipalities (state), the county government to make the government debt risk emergency plan, the establishment of accountability mechanisms; risk early warning and risk warning list included in the list of areas, should actively take measures to resolve the debt risk development plan, to resolve the government debt risk; did not enter the risk early warning and risk warning list list the area, careful investigation of potential risks, considering the needs of economic development and financial resources, the scale and growth rate of the reasonable control of the debt balance.

"measures" to strengthen the government debt risk assessment and early warning results, strengthen the supervision of the use of debt funds, strengthen the debt management data base also made specific provisions.

 

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