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Financial Explanation: Budget Management System Reform

2010/10/9 17:42:00 42

Budget Management Reform

  

Budget management system reform


The core issue of the budget management system is the division of revenue and expenditure among governments at all levels, which stipulates the scope of government affairs at all levels.

Financial power

A system of size.

Division of power is to determine what the governments at all levels are responsible for.

Division of financial power is to determine which revenue is at the level of the government.

After the founding of the people's Republic of China, our country's budget management system has been carried out many times.

reform

At present, the main purpose of the reform of budget management system is to standardize the revenue and expenditure behavior of government departments and its mechanism from the perspective of public finance under the framework of market economy system.

Its main contents include the management reform of "two lines of revenue and expenditure", the reform of treasury centralized payment system, the reform of government procurement system and the departmental budget.

Administration

Reform and so on four aspects.

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Read the next article

What Is Departmental Budget?

To put it simply, "one department, one budget." It fully reflects all income and expenditure of a department, that is, a department has no other revenue and expenditure activities outside the department budget.