Government and Policy
Beijing to unveil detailed budgets this year
(Xinhua)
Updated: 2011-06-27 13:34
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BEIJING - China's Minister of Finance Xie Xuren said on Monday that all of the country's 98 central government departments will unveil their budgets for this year, which will include expenditures for overseas travel, receptions and official cars.
Last year's related expenditures should also be publicized, Xie said in a report to the Standing Committee of the National People's Congress (NPC) during its bimonthly lawmaking session.
Upon receiving approval from the legislature, the Ministry of Finance (MOF) will publicize the central government's total administrative expenses as well as expenditures for overseas travel, receptions and official cars, Xie said.
Expenditures on these three items have long been criticized as sources of government corruption and waste.