The Dilemmas and Countermeasures in the Operation of Local Finance——Taking Shanxi as an Example
Shanxi is a typical resource-based province in China.In 2023,the province's fiscal revenue was greatly affected by the decline in coal prices,with a slight increase in general public budget revenue and a decrease in tax revenue.Non tax revenue became an important support for fiscal revenue.To hedge against economic and social risks,fiscal expenditure has maintained the necessary expenditure intensity,and expenditure rigidity has been further strengthened.From the perspective of overall operation,the stability of fiiscal revenue growth is insufficient,the income structure is not optimal,and there is significant pressure on grassroots fiscal revenue and expenditure.In response to these problems,we should strengthen the overall coordination of funds,assets,and resources,strengthen the opening up of sources,reducing costs,and tapping potential,and improve the quality and efficiency of fiscal revenue and expenditure;Reasonably arrange fiscal funds,enhance efficiency and strengthen the economy,cultivate and shape new advantages and new driving forces for high-quality economic development;Continuously deepening the reform of the financial and tax system,promoting the overall maturity and standardization of various institutional mechanisms,and enhancing the ability of fiscal hedging through governance;Prevent debt and financial risks,firmly guard against systemic risks,and make every effort to create a safe development environment.
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