Bao Buping
Over the past few years, local debt has become an important topic of discussion in the economic circles. In the past few years, the scale of local debt in various places has been reported by many media. In the past two years, the real estate market has declined, and the land finance of local governments has been difficult to support. Then, coupled with the consumption of finances by normalized nucleic acid testing, the debt problem of local governments has been exacerbated.
But at this time, the Ministry of Finance came to say “the central government will not provide assistance”, which probably made the local governments who hoped that the central government would take care of them feel a little bit cold. Firstly, if the central government has always had the bottom line, then the accumulation of local government debt may be unscrupulous in the future. Second, the landlords have no surplus food. Everyone knows the economic situation in the past few years, and the central government may not have spare money to help the local government. “Wipe ass”.
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