Ministry of Finance: my country's government debt ratio is in a reasonable range, and the risks are safe and controllable
Source: golden
Time: 2025-09-12 16:16:02
According to Golden Finance, Minister of Finance Lan Fo'an introduced at the series of theme press conferences held by the State Information Office on September 12 that as of the end of 2024, the total amount of full-scope debt of my country's government was 92.6 trillion yuan, including 34.6 trillion yuan in treasury debt, 47.5 trillion yuan in local government statutory debt, 10.5 trillion yuan in local government hidden debt, and 68.7%. At the same time, my country's government debt corresponds to a large number of high-quality assets. Overall, my country's government debt ratio is in a reasonable range and the risks are safe and controllable. (Xinhua News Agency)