Expert: The National People's Congress Standing Committee meeting in October this year will be an important time window for observing fiscal incremental policies
On October 7th, with the recent implementation of new policies such as reducing RRR and interest rates and reducing the interest rate of existing mortgages, many experts are currently looking forward to the introduction of relevant incremental policies in the fiscal sector. Luo Zhiheng, chief economist of Yukai Securities, estimates that the gap between broad fiscal revenue and budget target revenue this year is close to 2.80 trillion yuan, so it can be considered to increase the size of the budget deficit during the year, increase the issuance of government bonds, ensure the necessary expenditure, and hedge the contraction of expenditure caused by the decline in land transfer income and tax revenue. He believes that the issuance of government bonds can be used for specific groups such as unemployed college students and rural elderly groups to issue subsidies; support localized debt; explore the establishment of a "real estate stabilization fund" at the central level, and use special projects to guarantee the delivery of housing, purchase and storage, etc., to promote Many experts say that the National People's Congress Standing Committee meeting in October this year will be an important time window for observing fiscal incremental policies.