Research On The Supervision Of B Municipal Government Financing Platform

The government financing platform is the product of the special time background,It is a state-owned enterprise funded by the local government.Through external financing to attract funds to invest in local urban construction projects,to accelerate the development of local urbanization.In the first period of time,the number and scale of government financing platform developed rapidly,which solved the problem of lack of local government funds.Its development needs the government to carry on the consummation unceasingly,and carries on the supervision and management to its operation,causes it to become one kind of mature government economy system.The government financing platform helps the local government to carry on the city development construction through the financing loan,has obtained the huge success.But the platform is a huge double-edged sword.Soaring asset-liability ratios,increasingly difficult financing and rising risks and pressures to repay debt are all reasons for the government to strengthen its supervision.In the face of these challenges,the government urgently needs to take measures to deal with the problem of debt reduction,step up the reform of financing platform,make the government’s investment more effective,and introduce an effective regulatory system.We should strengthen the supervision of platform companies’ financing risk,platform operation and fund use,and the supervision of local financing platforms should be systematized and concretized under the current situation,so as to truly prevent the debt snowballing.Local governments should take appropriate regulatory measures according to local conditions to mitigate the risks of local government financing platform companies so that they can continue to contribute to local development.