国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Opinion
Home / Opinion / From the Press

Local government debt must be properly supervised

chinadaily.com.cn | Updated: 2013-07-15 20:49

A recent audit found that the debt of nine cities exceeded 100 percent. Government debt needs to be supervised, said a column in People's Daily (excerpts below).

How could this happen? One primary cause is absence of supervision.

The government has to submit its annual budget to the local People's Congress for approval. However, many local governments do not include debt in their report.

Without supervision, and pressure to repay, many local governments simply start projects without considering their own financial capacity. A general practice is to leave the debt to those who come next.

But exorbitant debt might be a risk for the local economy, even threaten long-term development. These questions should arouse our concern. It is necessary to supervise local government debt, and, more important, take the debt into consideration while evaluating local government chiefs. Only by matching power with responsibility will government chiefs really care about debt.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
桃源县| 阳城县| 灵台县| 元氏县| 巴马| 弥勒县| 柞水县| 甘洛县| 蕲春县| 乌拉特后旗| 渝中区| 涡阳县| 宕昌县| 芦溪县| 贵定县| 潜山县| 西昌市| 杭锦后旗| 巧家县| 江山市| 佛坪县| 砀山县| 宣化县| 信丰县| 玛沁县| 东乌珠穆沁旗| 三原县| 双鸭山市| 鲁甸县| 长子县| 灵山县| 昌吉市| 垣曲县| 萍乡市| 中方县| 萨迦县| 五台县| 清水河县| 大悟县| 怀集县| 雅江县|