2009 fiscal revenue target difficult to complete long-term growth for short-term imbalance
On the one hand, the slow growth of fiscal revenue, on the one hand, a positive financial result in the enormous expenditure of the Ministry of Finance in 2009 is undoubtedly the most to worry about one of the State Council ministries and commissions, the beginning of the year 950 billion budget deficit arrangements can play live?
July 28, the National Development and Reform Commission, the financial economy Liu, deputy director of research at a meeting issued a measured data, that the annual budget revenue target difficult to achieve, without taking into account the circumstances to strengthen the collection and management, the annual financial income may increase 5.7%. The estimated proportion of GDP accounted for a deficit of about 3.5% to about about 1.1 trillion yuan.
Liu personally think that: “the basis for economic recovery is not strong, and some preliminary policy will have some constraints, so the whole year without taking into account revenue collection and management, such as strengthening the case of man-made factors, the completion of the budget more difficult, especially is the central finance. ”
Despite the potential to expand the budget deficit, but Liu is showing a lot of optimism, she believes that there is no need to fully adhere to GDP ratio of 3% of the provisions of the budget deficit, and tolerance to deal with the deficit should be the rate of rise to the imbalance between short-term fiscal policy at an early date in exchange for economic predicament.

Translate (most links are in Chinese)