Local authorities should accelerate the issuance and utilization of special bonds to boost the construction of new infrastructure, fresh urbanization initiatives, and major projects, as well as public health facilities, the meeting said, adding that the funds can be used to aid disaster relief work if needed.
Bond funds are strictly prohibited from replacing outstanding debt or image projects that waste both human and financial resources, the meeting stressed.
A draft regulation on detailing provisions of the budget law was adopted at the meeting, aiming at ensuring public finances truly benefit the people.
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2020-09-15
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