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Finance Minister Liu Kun said that in 2023, special bond funds will be appropriately expanded to invest in areas and be used as capital, so as to continue to form physical workloads and investment driving forces, and promote the overall improvement of economic operation. We attach great importance to the problem of “money and other items” in some places, and will further consolidate the main responsibility of local governments and strengthen supervision and guidance. First, we will strictly implement the principle of “funds follow the project”, rather than overuse, and resolutely do not “sprinkle pepper noodles”; second, guide local governments to do a good job in the reserve and preliminary work of special bond projects, further improve the quality of project reserves, and give priority to supporting mature projects projects and projects under construction; the third is to strengthen the tracking of project implementation progress, and if the special bond funds have not been actually spent one year after they are issued to the project unit, they will be adjusted for other projects or recovered, and the physical workload will be formed as soon as possible. (Xinhua News Agency)
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related events
- Minister of Finance Liu Kun: Appropriately expand the scope of special bond funds to be invested and used as capital2023-01-03
- In July, the issuance of local bonds exceeded 400 billion yuan, and the limited use of stock special bonds in the second half of the year may become the focus2022-08-01
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