The direction of borrowing and lending carried forward from fiscal appropriation refers to the direction of borrowing and lending that ultimately forms the balance of funds when the fiscal appropriation is used for public utilities construction, social welfare undertakings or other expenditure projects in the process of budget implementation.
First of all, the financial allocation is the funds allocated according to the national budget to meet the needs of state affairs. The funds are used for the state's tax revenues, state-owned assets revenues or other fiscal revenues. The use of financial allocations is carried out in accordance with the purposes and limits set out in the budget to ensure that the allocated funds can be used and managed rationally.
The formation of the direction of borrowing and carrying forward of fiscal appropriations is due to the fact that there may be discrepancies between income and expenditure in the implementation of fiscal appropriations. When fiscal revenues exceed fiscal expenditures, fiscal appropriation balances are formed, which can be used as a basis for borrowing. When fiscal expenditures exceed fiscal revenues, fiscal deficits are formed, which need to be covered by borrowing.
In the selection of carry-over loan direction, it is necessary to consider a number of factors, such as the scale and purpose of fiscal allocation, ** debt policy, macroeconomic conditions, etc. Depending on the country's actual situation and specific needs, ** may choose to apply for a loan from a bank, financial institution or other organization to meet the requirements for carry-over loans. The form of borrowing can be short-term, medium-term or long-term, and reasonable arrangements are made according to the use of funds and the needs of debt management.
Giving full play to the role of fiscal appropriations in carrying forward and lending can provide support for the sustainable development of the national economy. First of all, reasonable borrowing arrangements can improve the efficiency of the use of funds and optimize the allocation of fiscal allocations. Secondly, the carry-over loan direction can help to balance revenue and expenditure, ensure the stability and sustainability of the fiscal budget, and avoid excessive fiscal deficits or waste of funds in the process of budget implementation. At the same time, the direction of carry-over lending is also an important means of financial management, through the supervision and management of loans, we can strengthen the supervision and orderly control of the use of financial funds, and improve the use of financial appropriations and social benefits.
All in all, the direction of carry-over and borrowing of fiscal appropriations is an important part of the implementation of the fiscal budget, which aims to rationally allocate public financial funds, balance fiscal revenue and expenditure, and promote national economic development. ** According to the needs of the country and the financial situation, the method and direction of carry-over loans should be scientifically and reasonably selected to ensure the effective use and management of financial allocations, so as to make positive contributions to the sustainable development of the economy and society. At the same time, it is necessary to strengthen supervision and management over the direction of carry-over and borrowing of financial appropriations, prevent improper behaviors and risks, and safeguard financial security and the steady growth of national wealth.