Study On The Problems Of Government Debt Management In G Region Of D City

With the deepening of reform and opening up,China’s economy has made significant progress,and people’s quality of life has also been significantly improved.However,with the increasing investment in urban infrastructure construction,health,education,and other areas in various regions,there has been a shortage of financial resources for local governments.Many local governments have to solve problems by borrowing debt,which poses enormous pressure on the current socio-economic development.In recent years,governments at all levels in China have gradually recognized the harm of government debt risks and attached great importance to the governance of local debt issues.They have issued targeted documents multiple times for theoretical and practical guidance,and the supervision of government debt is also being further improved.How to enhance the government’s debt management capabilities and prevent and resolve debt risks has become a major issue that local governments at all levels are currently facing.The Third Plenary Session of the 19 th Central Committee emphasized the need to strengthen early warning and control of major risks in order to promote sustainable economic growth.The 2020 Central Economic Work Conference proposed the need to improve and optimize the government’s debt management system,strengthen early warning and control of major risks,and actively and effectively respond to and alleviate local government debt crises.This article takes G region of D city as the research object,and explores the current situation of government debt in G region from several aspects such as its overview,fiscal revenue and expenditure situation,debt scale and structure,specific measures and effectiveness.Although some progress has been made in debt management work in G region,there are still many problems,such as unstable debt repayment ability,ineffective control of debt scale and risks,dispersed management entities,incomplete disclosure of debt information,and unimpeded operation of PPP projects.The main reasons are reflected in the imperfect debt repayment guarantee system,unscientific debt risk warning mechanism,and incomplete debt management system The debt information disclosure system is not sound,and the application of PPP lacks standardized guidance.By learning from the management models of foreign and domestic counties and districts in solving local government debt problems,we have obtained helpful experiences for the debt management of G region government in D city.The main ones include strengthening the supervision and management of government debt budgets,establishing scientific and effective risk warning mechanisms,establishing a sound debt repayment mechanism,and improving the transparency of debt management.Then,by elaborating and analyzing the entire text,and focusing on the specific situation of G region,measures were proposed to optimize the debt management of G region government,including strengthening debt repayment capacity construction,improving debt risk identification and warning system,improving debt management organizational system construction,enhancing debt information disclosure,and standardizing PPP project construction.At the end of the article,a summary of the entire article is provided,and the research conclusions are proposed.I hope this article can provide some reference and support for the debt management work of the G region government in D city,and assist in the high-quality development of the G region economy.