The Research On "Budget Law": Problems And Perfection

Budget management reform is a key part of China’s financial reform, whether related to our economy long-term healthy and stable development. As budget management reform legal documents guiding "Budget Law" has been increasingly unable to meet the requirements of today’s budget management reform, the rapid development of socio-economic situation urgently requires the current "Budget Law" be revised to be able to keep up with the situation development, and better able to guide our budgetary system of the building. Through the review and evaluation process of the reform of budget management, the understanding of China’s "Budget Law" problems and improve the "Budget Law" provides historical reference. China’s "Budget Law" at the legislative level is on the main problems with the law and the legal obligations under the law conflicts too light; in the budget preparation stage the main problems is the short time budgeting, budgeting content crude; budget execution phase in the presence of main problem is the budget execution time gap, budget adjustments and additional non-standard; budget monitoring phase the main problems is not explicitly specified NPC budget authority and lack of self-construction of the NPC; other issues and lack of coordination mechanism does not reflect the latest legislative achievements. Advanced foreign Budget Law System to China improve the "Budget Law" has a reference. Perfecting the "Budget Law" proposal is to expand the powers of the NPC budget, giving Congress veto the budget, budgeting and funding participation rights, a clear right to review the NPC budgetary oversight; enhance the authority of the Budget Act, the budget provides legal liability offense, increase budgeting time, improve budgeting content, increased provisional budget, budget adjustments and additional specifications, coordination department coordination; Furthermore, we need to strengthen self-construction of the NPC."Budget Law" in relation to the actual budget management reform, related to the entire financial system, and its importance is self-evident. Study of the "Budget Law" problem and improvement to be able to revise our "Budget Law", deepen reform of budget management, improve the financial system to provide a reference.