China tetapkan defisit anggaran 3 persen pada 2024
China recently announced that it will maintain a budget deficit of 3 percent until 2024, as part of its efforts to support economic growth and stability. This decision was made during the annual meeting of the National People’s Congress, where policymakers discussed the country’s economic priorities and goals for the next few years.
The decision to maintain a budget deficit of 3 percent is significant as it indicates China’s commitment to supporting economic growth through government spending. By running a deficit, the government can inject funds into the economy, which can help boost consumption, investment, and overall economic activity. This is especially important as China continues to recover from the impact of the COVID-19 pandemic and faces challenges such as slowing growth and escalating trade tensions.
In addition to maintaining a budget deficit, China also announced other measures to support economic growth, including increasing government spending on infrastructure projects, cutting taxes for businesses, and providing financial support to small and medium-sized enterprises. These measures are aimed at stimulating economic activity, creating jobs, and ensuring that the country’s economy remains on a stable growth trajectory.
The decision to maintain a budget deficit of 3 percent until 2024 reflects China’s confidence in its ability to manage its finances effectively and support economic growth. It also demonstrates the government’s willingness to use fiscal policy as a tool to achieve its economic goals and address challenges facing the economy.
Overall, China’s decision to maintain a budget deficit of 3 percent until 2024 is a positive development that is likely to support economic growth and stability in the coming years. By continuing to support economic activity through government spending, China is positioning itself for sustainable growth and continued prosperity.