Before April, Tax Reduction And Fee Reduction Exceeded Nine Hundred Billion Yuan, And Revenue Declined For Two Consecutive Months.

The Ministry of finance today announced the operation of fiscal revenue from 1 to May. From the perspective of revenue, the decline in fiscal revenue has narrowed for two consecutive months, reflecting the effectiveness of tax reduction and tax reduction and the promotion of enterprises' resumption of work and production. From the expenditure point of view, the governments at all levels strictly implement the requirements of the government to tighten their belts and vigorously reduce the expenditure on key areas such as non urgent need for non rigid expenditure, poverty alleviation, and basic livelihood. In addition, the use of quality and efficiency in the issuance of special bonds will effectively implement the new fiscal policy directly reaching cities and counties, and the positive fiscal policy will be more positive. It will provide a strong support for the work of "six stability" and the implementation of the "six guarantees" task.

Financial revenue continued to improve.

From 1 to May, the national general public budget revenue was 77672 billion yuan, down 13.6% from the same period last year. In May, the national general public revenue was 15539 billion yuan, down 172 billion 900 million yuan, or 10%, a decrease of 5 percentage points from April. In May, the national tax revenue was 66810 billion yuan, down 14.9% compared with the same period last year, and the tax revenue narrowed.

From 1 to May, the national general public budget expenditure was 90281 billion yuan, down 2.9% from the same period last year. From the expenditure perspective, the expenditure of central level decreased by 7.1% and 9% respectively in 4 and May. Poverty alleviation, basic livelihood and other key areas of expenditure have been effectively protected. From 1 to May, social security and employment expenditure increased by 5.8%, health and health expenditure increased by 7.5%, and poverty alleviation spending increased by 21.1%.

The use of special debt issuance has been accelerated and the pulling effect has been strengthened.

As of June 15th, the total number of new special bonds issued by the whole country was 21936 billion yuan, and the issuance rate was 96%. The scale of issuance increased by 12313 yuan, an increase of 128% compared with the previous year, and 29 provinces have already completed the issuance of new special bond quotas in advance. Bond funds are used for the construction of major infrastructure projects. More than 80% of them are invested in 3 fields: transportation infrastructure, municipal and industrial park infrastructure, and livelihood services.

Reducing taxes and lowering fees will play an active role in promoting resumption and resumption of production.

Since the beginning of this year, the Ministry of Finance and the General Administration of Taxation and other departments have issued a series of tax and fee policies supporting the epidemic prevention and control and the resumption of enterprises' re production, which mainly include: giving priority to the prevention and control of epidemic diseases, giving preferential taxes and fees to the material production enterprises, giving tax relief to industries and enterprises that are affected by the epidemic situation, increasing the tax preferences for individual businesses and small and micro enterprises, and so on. We will continue to implement the preferential policies for enterprise income tax in the development of the western region, and extend the implementation period of the tax reduction and reduction policy before June until the end of this year. From 1 to April, a new tax reduction and reduction fee of 906 billion 600 million yuan was added to the whole country, of which the preferential tax policy to support the epidemic prevention and control and economic and social development was introduced this year to increase taxes and reduce taxes by 485 billion 700 million yuan.

The first time all the new fiscal funds go to cities and counties.

According to the requirements of this year's "government work report", this year's new fiscal deficit of 1 trillion yuan and the issuance of 1 trillion yuan special anti epidemic national debt, all of these 2 trillion yuan funds are transferred to the local government. At present, the Ministry of finance has established a special transfer payment mechanism to ensure that funds go directly to the urban and rural grass-roots level, and directly benefit the enterprises and benefit the people.

The Ministry of Finance said that the special national debt of anti epidemic began in mid June and was issued before the end of July. With a 10 year period and a proper 5 year or 7 year period, the principal will be repaid jointly by the central government and the local finance. The interest will be borne by the central government. It will be marketed, and all the members of the Treasury bond underwriting group will be publicly invited to issue, not only in the inter-bank bond market, but also in the exchange market and the commercial bank counter market.