Risk Challenges and Solutions for Local Government Debt Management Driven by Digital Technology
Under the drive of digital technology,local government debt management can form advantages in fund financing,risk control,and spatial spillover.However,it also brings about some new problems,such as increased difficulty in risk judgment,cumbersome risk warning processes,persistent biased bidding issues,pain points caused by blind investments,and barriers to information circulation.Lianyungang City can promote the application of digital technology in government debt management by following the following paths:constructing an integrated debt information system,dynamically assessing and warning potential debt risks;establishing a normalized fiscal restructuring system,fully implementing and consolidating risk mitigation mechanisms;building a genuine credit rating architecture,deeply exploring and enhancing the utility of debt ratings;establishing standardized performance management processes,focusing on the use and planning of funding activities;constructing a collaborative information supervision organization,relying on co-construction and sharing to form regulatory synergy.
debt managementlocal government debtdigital technologyLianyungang