地方债务风险总体可控但隐患积聚，安徽财政厅五招破解

Core Viewpoint - The article emphasizes the importance of addressing local government debt risks in Anhui Province, highlighting the need for a balanced approach to manage existing debts while preventing new ones, particularly in the context of the ongoing economic challenges and fiscal constraints [1][7]. Summary by Sections Local Government Debt Risk - Anhui's local government debt risk is generally controllable but has accumulated hidden dangers, primarily due to rapid debt growth [2][3]. - As of the end of 2024, the total debt balance in Anhui is projected to be 1.8527 trillion yuan, nearly double the 2020 figure of 960 billion yuan, yet remains within the central government's approved debt limit [2][3]. Economic Impact and Debt Structure - The decline in land transfer revenue has significantly reduced the government's financial capacity, with government fund income expected to drop by approximately 44% from its peak in 2021 [3]. - The debt structure is problematic, with platform company debts exceeding half of the total, and over 70% of legal debts being special bonds, which increases the risk of systemic issues [3][4]. Regional Debt Disparities - There is a notable regional disparity in debt risks, particularly in northern Anhui, where the proportion of high-risk counties exceeds the average by 17.3 percentage points [6]. Policy Recommendations - The article suggests establishing an incentive mechanism for proactive debt repayment and integrating various financial resources to support debt management [7][8]. - It advocates for stricter monitoring of new debt issuance and emphasizes the need for a balanced approach to project funding and regional repayment capabilities [8][9]. Long-term Mechanisms - The establishment of a long-term mechanism for managing government debt is recommended, including stricter controls on government investment and enhanced debt assessment criteria linked to economic growth [9].