Finance Minister Lan Foshan: Fully grasp the requirements for a more proactive fiscal policy

On February 21, the Party Secretary of the Ministry of Finance and Minister Lan Foan mentioned in an article in the People's Daily that we should fully grasp the connotation requirements of a more active fiscal policy. We must grasp the general trend, strengthen our confidence, and take active actions. We must fully implement the decisions and arrangements of the Party Central Committee, implement a more active fiscal policy, continue to work hard and be more awesome, and play a good policy "combination fist", and strive to turn all positive factors into development achievements. First, increase the fiscal deficit rate, increase the intensity of expenditure, and speed up the progress of expenditure. Second, arrange larger-scale government bonds to provide more support for stable growth and structural adjustment. Third, vigorously optimize the expenditure structure, strengthen precise investment, and pay more attention to benefiting people's livelihood, promoting consumption, and increasing stamina. Fourth, continue to work hard to prevent and resolve risks in key areas, and promote stable fiscal operation and sustainable development. Fifth, further increase transfer payments to local governments, strengthen local financial resources, and strengthen the "three guarantees" bottom line.