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多位领导干部被处分!财政部再通报:厦门成都新增隐债均超600亿元
Hua Xia Shi Bao·2025-08-03 00:42

Core Viewpoint - The Ministry of Finance has reported six new cases of local government hidden debt, with a total increase exceeding 1 trillion yuan, highlighting ongoing issues with local government financing practices and accountability [3][4][10]. Summary by Sections Hidden Debt Cases - The six reported cases involve significant hidden debt increases, particularly in Xiamen and Chengdu, with new debts of 683.96 billion yuan and 614.08 billion yuan respectively [4][5][6]. - The total hidden debt from these cases amounts to 1,410.14 billion yuan, with multiple local leaders held accountable [4][11]. Mechanisms of Hidden Debt - Hidden debt primarily arises from local governments using financing platforms, public-private partnerships (PPP), and other means to circumvent legal borrowing limits [4][10]. - The blurred lines between government and state-owned enterprise financing have been identified as a systemic issue contributing to hidden debt [4][10]. Accountability Measures - The Ministry of Finance emphasizes strict accountability measures, including disciplinary actions against responsible officials, to enforce compliance with national policies on hidden debt [11][12]. - Specific disciplinary actions have been taken against officials in Xiamen and Chengdu, including warnings and reprimands [11]. Regulatory Environment - Since 2017, the central government has intensified oversight to prevent the accumulation of new hidden debts while addressing existing ones [10]. - Experts suggest that local governments often prioritize rapid economic development over fiscal health, leading to continued violations despite regulatory frameworks [10][12].