Much-watched budget law revisions are underway

Xinhua Beijing, July 13, the National People's Congress deputy chairman of the Financial and Economic Commission, the National People's Congress Standing Committee of the Preliminary Working committee, said 13th, the attention of the revised budget law is in intensive progress, according to the plan will be proposed before the end of this year, the financial sector,　　Academia and other sectors of the community and the broad masses of people to solicit opinions.　　The high strength was disclosed in the "China Fiscal Policy report 2008/2009 launch" and the implementation of the full-caliber budget management seminar jointly organised by the Chinese Academy of Social Sciences and Finance and economics press. Gao said that the revised budget law focuses on three major issues: the unified integrity of budget management, the strict standardization of budget enforcement and the seriousness and effectiveness of budget supervision. "This is the key to revising the budget law of the three major issues, if not resolved, the budget law can not really play a role in regulating budget management." "Our current budget law was adopted at the second meeting of the NPC on March 22, 1994 and has been in force for 15 years." With the development of economy and society, the budget law has gradually exposed some imperfect places, such as the penalty of violating the budget system is not very specific, very strict.　　At the same time, the budget itself lacks scientific, reasonable quota and standard, some budget is not detailed enough, the public degree of the budget, the transparency is not enough. High-strength said that the current budget management in China, the most important problem, one is that there are quite a lot of government revenue and expenditure is not included in the budget, the second is already included in the budget funds are not strictly in accordance with the budget Law management, a word summary is "budget management is incomplete, irregular, not He pointed out that the incomplete budget will inevitably bring a series of adverse consequences. The main manifestation is that the budget income planning is artificially reduced, which can not reflect the burden level of the enterprise and society, and the state financial resources are dispersed; some of the government's income and expenditure which are not included in the budget are very arbitrary, which is unfavorable to the implementation of the unified management of Government's income and expenditure　　Budget in the implementation of the problems also weakened the legal status and seriousness of the budget, and brought some unhealthy, even negative corruption, such as some of the funds and the existence of arbitrary funds. High-strength said that to achieve the unity and integrity of budgeting, it is necessary to implement a full-caliber budget management-the budget to be included in the government revenue and expenditure to be included in the budget, the funds must be strictly in accordance with the budget management system to implement and implement, both indispensable. "The overall unity of the budget, openness, transparency, the seriousness of the implementation of norms will be reflected in the revision of the budget law." Liao, vice minister of finance at the symposium, also revealed that according to the National People's Congress legislative arrangements, the recent National People's Congress Advance committee, the Ministry of Finance, the Audit Commission and other departments have set up a budget law of the revised leadership group, High-strength as leader, he is deputy leader. He said that there are still many deep-seated problems in the current budget management in China, and the difficulty of future budget reform is also increased. But any reform is a gradual process, I believe that with the continuous reform, China's budget will continue to improve and standardize.