First Prize Awarded Consecutively for Five Years in Hunan Province for the Performance Budgeting Management in Changde

Source:常德市政府网 Date:2022-03-27 12:00:17 【Fonts:Small Big

  The 2021 evaluation of performance budgeting management in Hunan province was informed by Hunan Provincial Department of Finance. Changde was awarded the first prize in Hunan province consecutively for the past 5 years.

    Since last year, six new ideas, which are all "for the first time", have been brought to Changde performance budgeting management. They are economic measures and effective measures emphasized with veto indicators, self-evaluation and reevaluation, attempt to recombine the third-party organizations, the mid-term evaluation for the major projects, rectification and supervision on the major projects, and the joint meeting with fiscal audit to promote performance budgeting management. In 2021, 35 major projects were evaluated by third-party organizations and the value were 4.663 billion yuan, a rise of 245.41% over the previous year. Third-party reevaluations were conducted on the expenses of 86 primary budget units and 102 projects. 100 million yuan were taken back through rectification on budgetary funds, which had been diverted, embezzled, illegally used, or failed to meet the requirements.

Translator: Xiong Linfang

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