Ministry of Finance: Do not purchase services on behalf of government debt needed to accountants _ News Channel Network _ _ China accounting perspective - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

Following a few days ago And other departments issued a prohibition of places by PPP, the government And other nominal violations of debt , The Ministry of Finance on the evening of 2 re-issued the sword refers to the name of the government to buy services in the name of disguised debt financing behavior, which means that the central level of the current local government and its main illegal financing methods to achieve the full coverage of the regulatory policy. This is called "the Ministry of Finance on resolutely stop the local government to purchase services in the name of illegal notice of financing", focusing on the government to buy the service reform direction, the scope of implementation, , Information disclosure and other matters, and is strictly prohibited in the name of government procurement services illegal borrowing. Notification clearly, the government should pay attention to the contents of the purchase of services Arrange basic public services , Is strictly prohibited around the construction project as a government purchase services, is strictly prohibited Institutions, financing Companies and other non-financial institutions to provide financing behavior into the scope of government procurement services. On the construction project, the notification requirements are not allowed , Fuel, equipment, products and other goods, as well as buildings and structures of the new, alteration, expansion and related renovation, removal, repair and other construction projects as a government purchase services. It is strictly forbidden to transport railways, highways, airports, communications, utilities, and education, science and technology, health care, culture and sports. Of the infrastructure construction, reserve land pre - development, farmland water conservancy and other construction projects as government procurement services. It is strictly forbidden to package construction projects and services as government purchase services. Government construction projects do need to use financial funds, should be in accordance with the Government Procurement Law and its implementation regulations, the tender requirements of the relevant provisions of the tender. The notice also strictly regulates the government purchase service budget , Requiring the Government to purchase services funds should be considered in the existing budget, the period should be strictly limited to the annual budget and medium-term financial planning period. The CPC Central Committee and the State Council unified deployment of shantytowns, easy to relocate the work of poverty in strict accordance with the relevant provisions of the implementation. In addition, the notice is forbidden to use or fictitious government to purchase services Illegal financing. Local government and its departments shall not use or fictitious government to purchase service contracts for the construction project in disguise, shall not be through the government to purchase services to financial institutions and other financing, not in any way fictitious or beyond the authority to sign (pay) contract to help the financing platform company And other corporate finance. The relevant person in charge of the Ministry of Finance said that the notice mainly for some areas to the government to purchase services in the name of disguised debt financing, there are illegal to expand the scope of government procurement services, beyond the management authority to extend the purchase period and other issues, Loopholes.