TQQQ
KOLD Return Rate65 trillion yuan of hidden debt, 45 trillion yuan of local government debt. 10 trillion yuan seems like a lot, but it's just a matter of lowering interest rates.
Expert: The scale of the new round of debt replacement may reach 60 trillion to 100 trillion yuan
Experts predict that the scale of the new round of local government debt replacement will reach between 60 trillion and 100 trillion yuan to alleviate local fiscal pressure. The Ministry of Finance plans to increase the debt ceiling, promote the transformation of implicit debt into explicit debt, and local governments can issue "replacement bonds" and "special additional special bonds." This move aims to address the pressure brought by the slowdown in fiscal revenue growth and the decline in land transfer income, helping local governments concentrate resources on economic development and ensuring people's livelihoods
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
