The Standing Committee of the National People's Congress approved an increase of 6 trillion yuan in local government debt limit."

Crypto 7x24

2024-11-08 18:14:28

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According to online reports, the 12th meeting of the Standing Committee of the 14th National People's Congress today (8th) reviewed and approved the most vigorous debt-reduction measure in recent years: increasing the local government debt limit by 6 trillion yuan to replace existing hidden debt and provide Local governments make room for better economic development and protection of people's livelihood.

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