China News Service, April 7th. Speaking of deepening the reform of the budget management system, Owenhan, assistant to the Minister of Finance, said on the 7th that he would standardize budget expenditure management and take the government’s tight schedule as the long-term guiding ideology for budget arrangements, which is fully implemented. Tighter requirements and strict control of general expenditures.
Improve the fiscal direct mechanism.
This afternoon, the State Council Information Office held a press conference on the implementation of the "14th Five-Year Plan" outline and speeding up the establishment of a modern fiscal and taxation system.
At the meeting, a reporter asked: The Fifth Plenary Session of the 19th Central Committee of the Communist Party of China made arrangements for deepening the reform of the budget management system. May I ask, how will the reform of the budget management system be further deepened in the next step?
Owenhan responded that in order to speed up the establishment of a modern fiscal and taxation system and further improve the budget management system, in accordance with the spirit of the Fifth Plenary Session of the 19th Central Committee of the Party, we have clarified the general ideas, basic principles and main measures for deepening the reform of the budget management system in the next step. Key breakthroughs in the following aspects:
The first is to strengthen financial support for major decision-making and deployment.
Budget arrangements at all levels should make the implementation of major decisions and deployments of the Party Central Committee and the State Council the primary task, strengthen financial guarantees for major national strategic tasks and national development plans, improve budgeting, decision-making mechanisms and procedures, and draft budgets and final accounts at all levels should be reported in accordance with procedures For deliberation by the party committee and government at the corresponding level, the draft budget of each department should be reported to the party group or party committee of the department for deliberation.
The second is to strengthen the overall planning of financial resources.
Increase revenue pooling and fully tap the potential of various idle resources.
Strengthen the comprehensive management of government resources, include all revenues obtained from administrative power, state-owned resources (assets), and franchise auction revenues into the budget as required, strengthen the overall management of departmental and unit income, and require departments and units to obtain income in accordance with laws and regulations. The various types of income of the government shall be included in the department or unit budget, and the income that is not included in the budget shall not be arranged for expenditure.
The third is to standardize budget expenditure management.
Reasonably arrange the scale of expenditure budgets and give full play to the counter-cyclical adjustment role of fiscal policies.
Optimize the structure of fiscal expenditures, promote the establishment of an expenditure standard system, and use expenditure standards as the basic basis for budgeting.
Regarding the government's tight schedule as the long-term guiding ideology for budget arrangements, fully implementing the tight schedule requirements and strictly controlling general expenditures.
Improve the fiscal direct mechanism.
The fourth is to strengthen budget control constraints and risk prevention and control.
Implementation of project life cycle management, all budget expenditures are included in the budget project library in the form of projects, and no budget can be arranged for projects that are not in the library.
Strengthen the constraints of the mid-term fiscal planning on the annual budget, strengthen the prevention and control of fiscal operational risks, and strengthen the assessment of the financial affordability of major policies and major government investment projects.
Improve the mechanism for local governments to borrow appropriately in accordance with the law.
The fifth is to improve the informatization level of budget management.
Closely integrate system specifications with the construction of information systems, and build an integrated budget management system covering the region with provincial finance as the main body and connect with the central finance to dynamically reflect budget arrangements and implementation at all levels.
Establish and improve a full-coverage, full-chain transfer payment fund monitoring mechanism.
Actively promote the sharing of basic information across departments.