USEUROPEAFRICAASIA 中文双语Français
Home / China

Official expenses become more open

By Zhao Yinan | China Daily | Updated: 2012-05-14 08:01

Official expenses become more open

Central government departments have been disclosing to the public their annual budgets in recent weeks, a move that seemed unthinkable just a few years ago. Yet, despite the progress being made in fiscal transparency, experts say the data being released is still too vague to satisfy the taxpayers' demands.

This year is the third time authorities have revealed their revenues and expenditures, following the introduction of new rules on spending that came into effect in 2008.

So far, 92 out of the government 98 departments and State-funded organizations have laid bare their accounts since April 23 - the same number as last year and 18 more than in 2010.

Official expenses become more open

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US