Research On The Problem Of Local Government Debtmanagement In Baotou

In recent years, the local debt problem of our country has been widely discussed by all circles of the society. In our country, the local government has no right to issue bonds, but the local government of our country has a very high amount of debt. Moreover, the local government in order not to violate the laws of the relevant constraints, to take other measures to disguise the debt, which makes China’s local government debt is more secretive. In August 2013, the National Audit Office of the national government debt do the comprehensive evaluation and audit, the data show that until June 2013, the national government has debt repayments 206988.65 yuan, guarantee debt 29256.49 billion yuan, has 66504.56 billion yuan relief, debt. Data show that China’s local government debt is a huge amount of money, the debt risk is particularly great. And due to our local government debt management system is imperfect, and the tax sharing system reform, the debt risk of sinking to the city and county level or relatively weak financial strength of the local government. In recent years, with the rapid development of urbanization, the shortage of funds has become more and more serious. In order to raise funds, the government has used many kinds of financing methods to prepare funds in order to raise funds. But the most commonly used of these methods is to bank loans, but this approach is the most likely to bring financial risks. There is a serious local government, the amount of debt has been higher than the international warning indicators line.Baotou is the largest industrial city of the Inner Mongolia Autonomous Region, population about two million and eight hundred thousand, in 2015 the city’s public budget revenue of yuan, the total population of the region in the region second. May be removed from the central and Inner Mongolia, the amount of money, only less than ten billion yuan of the amount of money available is left to Baotou’s available financial resources. In finance to gather at a higher level of social development background, the main function of the local government in Baotou is the management function of social subjects, shantytowns, Xindu District construction and so on, no one not carrying a huge pressure, debt is only local government to implement measures.This article is mainly at home and abroad with local governments is the theoretical basis of the related research on debt, combined with their many years of business experience and relevant data of Baotou local government borrowing, from the financial science and public management both in theoretical research. This article focuses on the actual situation, combined with the successful experience, put forward to the government debt management, the favorable solution.