Chinanews.com, March 4th. According to the Ministry of Finance website, the Ministry of Finance recently issued the "Notice on Effectively Strengthening the" Three Guarantees "Work in Local Finance Effectively Responding to the Impact of the New Coronary Pneumonia Epidemic Situation" (hereinafter referred to as the "Notice"). The "Notice" pointed out that finance at all levels must implement diligence and thrift, and vigorously reduce general expenditures and non-urgent and non-rigid expenditures. The training that can be held or not held must not be held, and the training that can be run or not can not be held.
Data map: Ministry of Finance. Photo by Kang Yafeng, China News Agency Photo Credit: CNSPHOTO
The "Notice" points out that localities should organize county-by-county arrangements, and if there is a gap in the "three guarantees" expenditure budget arrangement, timely adjustments or adjustments to the budget should be made up. The central finance has a sound incentive and restraint mechanism, and the county-level basic financial guarantee mechanism has been used to allocate funds such as bonus funds and balanced transfer payments. If the provincial level regulation is not effective, it will be directly reduced to the county after deductions. Relevant departments must coordinate the various income and stock funds in the system, and ensure that the salary and normal operation of the department's administrative institutions are paid according to regulations.
The "Notice" clearly states that from March 1 to the end of June, the percentage of retention in the current year will be raised by 5 percentage points on the basis of the approved proportion. During the period, the cash flow increased due to the increase in the retention ratio should be reserved for the county level by increasing the retention ratio of county-level financial funds or increasing the daily fund scheduling, and should not be stranded in provincial finance.
The "Notice" mentioned that the central government has quickly issued budgets for various transfer payments to local governments and strengthened their ability to guarantee basic people's livelihood. Local financial departments should accelerate the work of allocating, allocating, and using transfer payment funds below the provincial level. For allocation according to the factor method, advance allocation shall be calculated according to the basic factors of the current period or the previous year; for allocation according to the project method, the project approval and fund release shall be effectively accelerated, or it shall be released by means of advance allocation and settlement.
The "Notice" stated that the Ministry of Finance sent prompt reminder letters to the provincial financial departments on the situation of low level of treasury fund protection in cities and counties, and supported areas with severe epidemics to strengthen grassroots fiscal treasury fund protection capabilities to ensure the need for "three guarantees". Provincial finance departments should strengthen pre-research and pre-judgment, comprehensively implement policies, strengthen the monitoring of the operation of county treasury funds, focus on the situation of counties with continuously tight treasury funds, urge the troubled counties to reasonably arrange the order of expenditure, and guide and support the troubled areas. "Three guarantees" work, firmly resolutely stick to the "three guarantees" bottom line.
The "Notice" pointed out that areas with severe epidemic prevention and control tasks and "Three Guarantees" pressures are required to formulate more stringent measures to revitalize the stock funds. After reporting to the governments at the same level, the funds for the carry-over of the balances carried forward in 2019 and previous years will be collected and used Expenditure is urgently needed for epidemic prevention and control and "three guarantees", and a separate budget will be arranged when conditions are available. We will step up efforts to clear up and recover temporary interim payments, and strictly control new interim payments.
In addition, the "Notice" emphasizes that fiscal at all levels must be diligent and thrifty, and vigorously reduce general expenditures and non-urgent and non-rigid expenditures. The training that can be held or not held must not be held, and the training that can be run or not can not be held. The funds of the expenditure items that can be postponed should be returned to the finance in time. Budget funds that can be coordinated and integrated should be used to adjust the purpose of expenditures in a timely manner to ensure the "three guarantees" expenditure needs, and to support epidemic prevention and control and resumption of production. Except for the need for epidemic prevention and control, all localities will no longer study and introduce new policies for increasing expenditures in principle, and must take full account of the affordability of grass-roots finances and reasonably control the pace and intensity.