On November 18th, the reporter learned from the Ministry of Finance on November 18th that in accordance with the decision-making and deployment of the Party Central Committee, combined with the economic situation and the needs of macro-control, the State Council determines and issues in advance the specific amount of the new local government debt limit for the next year in the fourth quarter of each year. At present, the Ministry of Finance is formulating a work plan to issue in advance to better ensure the funding needs of major projects in key areas and give play to the important role of government bond funds in the economic recovery.