Proactive fiscal policy improves quality and efficiency, and enhances the ability of local funding guarantees-to
firmly hold the bottom line of the "three guarantees" at the grassroots level
Our reporter Li Hualin Wu Yadong
Supporting grassroots governments to ensure basic people's livelihood, wages, and operations is the basic requirement for protecting the vital interests of the people, and it is also a prerequisite for stabilizing the fundamentals of the economy and maintaining the overall stability of the society.
In response to the new crown pneumonia epidemic and other difficulties and challenges, since the beginning of this year, the proactive fiscal policy has improved the quality and efficiency, sent more funds to the grassroots, and firmly held the bottom line of the "three guarantees" at the grassroots level.
Increase financial security
Guaranteeing basic people's livelihood, guaranteeing wages, and guaranteeing operations are inseparable from the investment of real money and silver.
The central government has always put the "three guarantees" at the grassroots level as the top priority of budget arrangements. This year, with limited actual new financial resources, the transfer payments from the central government to local governments have increased by 7.8% after excluding special transfer payments.
At the same time, a normalized direct mechanism for fiscal funds was established and the scope was expanded. The scale of funds increased to 2.8 trillion yuan, which strengthened the ability of local fiscal funds to guarantee.
All localities speed up the allocation, appropriation and use of fiscal funds, and transform the funds into actual expenditures and physical workloads as soon as possible.
Yancheng City, Jiangsu Province adheres to the priority arrangement of "three guarantees" and allocates funds in full and in time.
“Yancheng implements a budget review mechanism. After the budget’s “three guarantees” are arranged in full at the beginning of the year, other project expenditures will be considered. At the same time, a fund reserve mechanism will be implemented to calculate the rigid expenditure needs of the “three guarantees” every month, and arrange in advance to raise funds from the treasury and cash it in full.” Three guarantees' guarantee policy." Zhu Li, director of the Budget Review Center and Deputy Director of the Budget Office of the Jiangsu Provincial Department of Finance, introduced that this year's national standard "three guarantees" expenditure in Yancheng will require 36.338 billion yuan, and all funds have been cashed in in full and in time.
By giving full play to the role of direct financial direct funding, all localities will distribute funds to the grassroots as soon as possible to ensure timely, smooth and effective direct fund payments.
"In the first 11 months of this year, the central government allocated 100.95 billion yuan of direct funds to Shaanxi Province. Currently, all the funds have been allocated, resulting in actual expenditures of 92.39 billion yuan, effectively making up for the grassroots financial resources. Among them, it is used for social security, employment, health, health and other aspects of people’s livelihood. The expenditures of the government accounted for more than 65 billion yuan, accounting for more than 70% of the direct capital expenditures.” Zhang Kuan, deputy director of the Budget Department of the Shaanxi Provincial Department of Finance, introduced.
Wang Dong, deputy director of the Treasury Department of the Shandong Provincial Department of Finance, told reporters that the central government allocated 103.79 billion yuan of direct funds to Shandong this year, all of which have been allocated. At present, the province has spent 98.53 billion yuan in total, and the expenditure progress has reached 94.9%.
"The normalized direct fiscal fund mechanism has greatly eased the contradiction between revenue and expenditure at the grassroots level and helped the grassroots secure the bottom line of the'three guarantees'."
In addition, all localities are also focusing on optimizing the expenditure structure, highlighting the key points in the use of fiscal funds, and promoting the flow of funds to the directions and fields that the public hopes and enterprises expect.
Since the beginning of this year, Rizhao City in Shandong Province has coordinated a total of 269 million yuan in employment subsidy funds to support 29,400 new jobs in cities and towns in the city. Arrange for the release of 11.5 billion yuan of relief funds for the people in need, focusing not only on the “bottom line” and “sustainability”, but also on the “literacy zone” and “emergency relief”, and support to secure nearly 5 million urban and rural subsistence allowance recipients, extremely poor people, orphans, etc. The basic life of the people in difficulty.
Vigorously revitalize the stock funds
While guaranteeing financial support, all localities insist on holding and holding pressure, strictly controlling non-rigid and non-key expenditures, prioritizing the reduced funds in key areas such as the "three guarantees", and striving to spend every amount of money in important areas.
"Shandong continues to harden the budget implementation constraints, implement the government's tight life requirements, and the provincial level arranges the "three public" budget for eight consecutive declines." Xu Peng, deputy director of the budget department of the Shandong Provincial Department of Finance, said.
"This year, Shaanxi has reduced a total of 4.25 billion yuan in funds, of which the provincial "San Gong" budget has been reduced by 30 million yuan, and the "San Gong" budget has dropped by 14.3% compared with the previous year. All adjustments are made to the needs of various key expenditures." Shaanxi Provincial Finance Zhang Jin, deputy director of the Budget Office of the Department, said.
In addition to cutting expenditures, the local government has also tried every means to revitalize its stock funds, improve its fiscal co-ordination capacity, and concentrate its efforts to support people's livelihood protection.
According to Zhang Jin, Shaanxi has divided the stock funds into pieces, cleaned up the fiscal stock funds, recovered the provincial special funds and departmental stock funds that were not issued that year, and coordinated them for the "three guarantees" and other urgently needed funds.
At the same time, we will advance the liquidation of temporary payments, and recover the liquidation of temporary payments over the years by deducting financial subsidies.
The reporter found in interviews that many places have also made good use of fiscal funds to leverage social capital, participate in public infrastructure construction and operation services, and allow fiscal funds to concentrate their efforts to secure the bottom line of the "three guarantees" and better ensure the operation of the grassroots.
Shandong has innovatively implemented financial capital equity investment reforms, and guided market capital to invest in technology, industry, agriculture and other fields. Through "allocation to investment", "reward and subsidy" was changed to "equity", and "dead money" was changed to "living money". Effective supply of funds.
Sichuan encourages the organic combination of special debt and other market-based financing to better leverage and amplify the role of special debt funds.
Qu Linjie, director of the Sichuan Provincial Government Debt Management Office, said that the combined use of special bonds and market-oriented financing projects can give full play to the role of bonds in stimulating social investment.
Improve the efficiency of capital use
Since the beginning of this year, all localities have faced greater pressure to balance revenue and expenditures. Improving the efficiency of the use of fiscal funds is crucial to the "three guarantees" work at the grassroots level.
Jiangsu strictly reviewed the budget at the beginning of the year, leaving no budget gaps.
"We focus on reviewing the county-level "three guarantees" annual budget arrangements, and urge the municipalities and counties to give priority to the arrangement of the "three guarantees" expenditures." Li Jianping, the first-level inspector of the Jiangsu Provincial Department of Finance, introduced that Jiangsu has established a county-level "three guarantees" monitoring mechanism. The monitoring content includes The "three guarantees" can use financial resources, budget implementation, and people's livelihood payments to effectively prevent financial operational risks.
Promoting the construction of an integrated budget management system is one of the contents of this year's budget management reform. All localities use this as a starting point to establish and improve a long-term mechanism for the management of "three guarantees" financial funds.
Shaanxi embeds systems and rules into the integrated budget management system, hardens budget constraints and management control, and realizes the use of technical means to manage personnel, affairs, and funds through systems.
"Next year, we will start to establish an integrated monitoring platform for budget management covering the entire business process, so that the source of each livelihood fund is clear and the accounts can be checked." said Shang Haitao, director of the Treasury Department of the Shaanxi Provincial Department of Finance.
“Shandong’s integrated budget management system was deployed across the province in September this year, and a chain of interlocking budget management is gradually taking shape.” Cui Kai, deputy director of the budget division of the Shandong Provincial Department of Finance, said that budget management is integrated. Realization of efficient control of business management.
In addition, all localities have continuously strengthened the supervision and management of financial funds, and improved the efficiency of the use of financial funds by strengthening the monitoring of the implementation process and implementing the assessment of expenditure responsibilities.
Sichuan strengthens dynamic monitoring to realize the whole chain and whole process tracking from the source of fund distribution to the end of payment use.
At the same time, strengthen the coordination and linkage, and keep a close eye on the fraudulent, detained and embezzled behaviors in the distribution, appropriation, and use of direct funds, and resolutely investigate and deal with them if they are discovered.
Zhu Li said, “Jiangsu has hardened the system constraints, increased inspection efforts, regularly organized special inspections of the implementation of the'three guarantees' budget, and guided the financial departments at all levels to earnestly secure the bottom line of the'three guarantees'."
Our reporter Li Hualin Wu Yadong