China News Service, June 11th, the Ministry of Finance website released the 2020 departmental budget on the 11th. The budget for the "Three Publics" in 2020 was RMB 24,461,600, a decrease of RMB 30,038,700 from 2019, which was compressed by 55.11%. The main reason is that according to the Party The relevant requirements of the Central Committee and the State Council on the tight life, implement all businesses economically, and vigorously reduce the expenses of going abroad (boundary) for business, the cost of official vehicles and official hospitality expenses.
The Ministry of Finance's "Three Publics" funds for 2020 include a total of RMB 13,361,400 for going abroad (offshore), a purchase and operation fee for official vehicles of RMB 9,720,700, and an official reception fee of RMB 1,130,800.
In addition, the Ministry of Finance's revenue budget for 2020 is 11,12,393,400 yuan, of which: 2,052.508 million yuan was carried forward in the previous year, accounting for 18.57%; the general public budget appropriation income was 7,401.9873 million yuan, accounting for 66.54%; business income was 1,114,988,200 yuan, accounting for 10.34%; The operating income of public institutions was RMB 204.0071 million, accounting for 0.18%; other income was RMB 213,857,400, accounting for 1.92%; the balance of using non-financial appropriations was RMB 27,255,600, accounting for 2.45%.
The Ministry of Finance's budget for 2020 expenditures is 10,33,219,900 yuan, of which: basic expenditures are 2,104,156,300 yuan, accounting for 23.33%; project expenditures are 7,907,007,700 yuan, accounting for 76.53%; and operating expenses for public institutions are 14,674,400 yuan, accounting for 0.14%.
The Ministry of Finance also announced that the general public budget for 2020 will allocate 7.4198873 million yuan in the year, which is 7.6187 trillion yuan less than the number of implementations in 2019. The Ministry of Finance stated that the main reasons are as follows: First, in accordance with the relevant requirements of the Party Central Committee and the State Council on the tight life, implement all businesses economically, vigorously reduce general expenditures, and focus on reducing public spending and administrative management, education and training projects of the government The non-urgent and non-rigid expenditures in the expenditure, while reasonably guaranteeing the necessary expenditure requirements, are reflected in the relevant expenditure accounts; the second is the reduction of international organizations’ share capital and fund expenditures in diplomatic expenditures.