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Liao Min of the Ministry of Finance: Enhancing Fiscal-Financial Synergy to Magnify the Multiplier Effect of Public Funds
3 week ago /
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Author：小编
In partnership with various departments, the Ministry of Finance has introduced two loan interest subsidy policies designed to lower credit costs for residents and service industry operators through fiscal and financial collaboration. These policies offer an annual interest subsidy rate of 1 percentage point, with a subsidy duration capped at one year. Notably, the central government shoulders 90% of the interest subsidy funding. This endeavor is geared towards stimulating consumption, enhancing people's livelihoods, and ensuring the smooth operation of the economy.
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