Minister of Finance lan foan stated at the press conference held at the office of the Standing Committee of the National People's Congress on November 8 that the increased local government debt ceiling of 6 trillion will be arranged over 3 years, with 2 trillion annually from 2024 to 2026 to support local governments in replacing various hidden debts. (Securities Times)
蓝佛安:增加的6万亿地方政府债务限额分3年安排
lan foan: The increased local government debt ceiling of 6 trillion is arranged over 3 years.
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