First, the use of foreign government loans the basic principles
(A) optimize the loan structure, the active use of preferential loans to improve the social and economic benefits loans
Under the current structure of city debt, the city should strive for long-term preferential loans, commercial loans decreased, the city optimize the credit structure, broaden the sources of financing loans, while loans to pay attention to the orientation. According to city's social development and long-term planning, loans should focus on agriculture, water conservancy, transportation, energy, environmental protection and urban infrastructure construction and other fields, the use of foreign government loans in the investment infrastructure, public welfare projects, to focus on At the same time take into account the social benefits of economic efficiency, investment in competitive projects must give top priority to economic efficiency.
(B) to strengthen macro-control, maintaining an appropriate degree of the scale of loans
To strengthen the use of foreign government loans of macro-control, must be based on countries and regions, departments, the overall economic situation and the level of demand and supply of capital, reasonable use of loans in the region determine the size, structure, and in accordance with their respective financial or financial condition and industry And resource advantages, actively using foreign government loans and effectively prevent and reverse the one-sided pursuit of the scale of loans, ignoring the quality of loans, loan-to-weight light also of unhealthy tendencies.
(C) make clear responsibility and straighten out relations, strengthen management, guarantee repayment
Governments at all levels of planning and finance departments should earnestly implement the State Council's institutional reform "Sanding" programme, improve the use of foreign government loan management functions, rationalize the working relationship to further clarify and implement the competent departments, local governments, lending institutions and projects Units of responsibility, to uphold "Who used, and who repayment, who secured, who is responsible for the" principle, the personification of responsibility for the full implementation of debt management and government debt of life tenure.
Second, clear the relevant government departments in the use of foreign government loans in the management of the duties
City Planning Commission in charge of the city's use of foreign government loans the overall size of the loan structure of the unified monitoring and management, and with the relevant departments under the State made use of foreign government loans for medium and long-term planning and use of foreign government loans and the overall size of alternative projects Planning, the city's medium and long-term debt scale and the use of foreign government loans for the size, the preparation of the city's use of foreign government loans alternative project planning, according to the national and regional investment policy and investment direction, the development of the region's investment focus and direction of industrial investment ; According to the state capital construction investment procedures and relevant regulations do a good job of project proposals and feasibility study on the assessment and approval work.
The financial departments in charge of foreign government loans to the external negotiations and consultations, responsible for the district, county (city) and other departments to declare the project to provide timely information to loan capital, responsible for project loans of the financial assessment of the project is responsible for negotiations, signed a contract to transfer the loan , Use and reimbursement, and other aspects of management.
Third, foreign government loans to the project approval and reporting work
(A) choose the right projects to improve the quality of foreign investment
The selection and project preparatory work for the quality and speed, the smooth implementation of the project, operating efficiency and debt repayment, which are directly affected. Both the choice of projects according to the specific situation in the region, but also in line with the state's industrial policy. At the same time, to do a good job in the early stage of the project feasibility studies, assessments, including units of the project's financial situation, solvency, matching funds and the implementation of the procurement tender to determine, from macro to micro, carefully analyzed, the benefits of recent research projects, far Phase-effectiveness and long-term and forward-looking, as well as projects by sector of the long-term development strategy and the development trend of related industries, the project may have to minimize the debt crisis.
(B) improve and standardize the loans and approval of the project submitted to external, strict examination and approval procedures
Projects should strictly follow the state capital construction procedures and relevant regulations and approval procedures for project. The planning departments responsible for vetting the project's scale and the use of funds invested; financial departments responsible for vetting the project's financial ability to repay, and whether they comply with the relevant provisions of the loan. The approved project after project, from the financial sector to foreign reunification. The amount of loan projects and building programmes if there is a major adjustment, according to project approval procedures for re-submitted for approval.
(C) strengthen and improve the loan project tendering, procurement
Projects should strictly follow the state procurement and loan procurement of the tender requirements, adhere to fair, just and open to the principle of choice, by the tender for the procurement of imported agents; tender in the procurement process when major issues, from the financial sector to include Consultative Committee and other relevant departments to solve.
Fourth, implement the responsibility to transfer the loan, the lending norms of
(A) the type of loan projects: the use of foreign government loans to strictly classified and management to transfer the loan to in the "voluntary transfer the loan, reasonable income, serious and responsible" principle, to the use of foreign government loans, reimbursement of work. The first category because local governments or the domestic financial sector as the borrower's public facilities and basic industries, from financial departments at all levels Chengdai and management, financial departments at all levels to be in the budget for debt service funds; second category where the ground Government finance departments to provide security or the public welfare facilities and basic industries, by policy banks and state-owned commercial banks responsible for lending and management of the project when the units can not repay on time and to the financial sector to honour the bond obligation, sitting by the financial departments of the deduction Sectors of special funds loan; third category for the local government and financial sector is neither a borrower nor guarantee the profitability of public facilities and basic industrial projects and competitive industrial projects, policy banks and state-owned commercial banks responsible for lending and管理.
(B) straighten out the way to transfer the loan: 1, the second category loan commitment to the project in principle to transfer the loan from the financial departments at all levels or conditions of the original direct-lending bank lending; projects in the declaration before the declaration of the project by the financial departments at all levels The project to assess the financial ability to repay, to transfer the loan will no longer be assessed. Three types of projects by the lending bank independent assessment to decide whether to transfer the loan and transfer the loan in accordance with the relevant provisions of the project and determine the level of risk lending conditions.
(C) to transfer the loan of work to implement the "voluntary transfer the loan, serious and responsible, reasonable benefits" principle, to transfer the loan fees from the financial sector in accordance with the relevant provisions of the relevant departments to determine. Money-lending institutions should strengthen management, and ensure that the external debt service and temporary finance, financial departments should strengthen the lending institutions under the supervision and guidance.
5, establish and improve a foreign government loans "by using," the management mechanism to ensure the safety of the use of funds
(A) loan to establish an effective mechanism to constrain
The city using foreign government loans to track the debt situation assessment, monitoring beyond the warning level, the poor quality of project implementation and maturity of debt and arrears collection invalid areas and departments, in principle, allow incur new debt, the city Planning Commission, the Ministry of Finance suspended goalkeeper and external audit to the new project.
(B) should be using foreign government loans of government debt into the financial budget management, budget mechanism used to restrain government borrowing behaviour
As soon as possible the establishment of the city, county (city), the project debt-servicing units of the three reserve system, reduce the financial pressure. Debt service reserve fund management should be implemented, can be used to buy treasury bonds way to achieve self-turnover, value-added, and the exercise of compensation for the use of its sources of funding should be part of the local financial solution, part of self-unit project, part of the mobilization, and other administrative departments. Debt service reserve for the establishment of decentralized government and reduce the debt burden, to avoid the accumulation of financial risks is of great significance.
1, municipal sinking fund is composed of two parts: The first part is for the use of loans from the Project on loans limit the use of the 3 percent to 5 percent paid in the financial sector. The second part of the annual municipal financial year on the foreign debt of 1 percent to 3 percent from the municipal budget sets out part of sinking fund. Sinking fund to use in accordance with relevant regulations.
2, district, county (city) level from a sinking fund the project, county (city) Financial directly, or from the district, county (city) financial units of the project by the region's external debt balance of 1% of the establishment of insolvency Fund management accounts.
3, the project units (enterprises) sinking fund. The first part of the project in accordance with the new unit's sales revenue generated by the project 3 percent to 5 percent of after-tax profits from the enterprise in the extraction, the establishment of enterprises sinking fund. The second part of the new project from the enterprise paid out 20 percent of revenue, municipal finance the establishment of the sinking fund Project, the project units how to use this project funding loan, the loan must come up with 1:1 matching funds to Project to promote the initiative loan.
(C) of overdue debt in one or two types of loans in arrears problem, the Ministry of Finance goalkeeper to take charge of the budget step by step approach and the corresponding Diding the next payment of loans or the use of the department; three categories of loans for projects The issue of debt default, the banks will transfer the loan to repay external responsibility to ensure that the outstanding loans in full and on time, the city's external borrowing maintain credibility.
(D) strictly regulate the loans in the reorganization of assets
Use of foreign government loan projects to implement the asset reorganization of units, enterprise restructuring, and other transactions of property rights to change or bankruptcy, with the consent of the project approval must be obtained in advance sector, financial sector and lending agencies agreed that, if necessary, should also be with the consent of the foreign consent. Projects to local financial departments at all levels responsible for the repayment of such projects to make corresponding adjustments to plans and arrangements for implementation of the new debtor-lending institutions and sign a new agreement to transfer the loan to ensure that the foreign loan repayment. Taofei prohibited items in their respective debt and shirking responsibility for repayment.
6, establish and improve the use of foreign government loans accounting system for monitoring
(A) the establishment of foreign government loans of the day-to-day statistics management system
To establish an information database files, comprehensive knowledge and understanding of the types of foreign government loans, the total amount, structure and lending areas. ① on the loan has occurred, it is necessary to have the name of the project, the department in charge of the project, the project's construction-in-state and revenue situation. ② the establishment of project files, including the nature of the project, sources of funds, loans in time and de facto interest rates, the main responsibility for the project, the repayment time and overdue, and so on. ③ the repayment period of loans classified, grasp the progress of the project and repayment ability. ④ of the loans have been used to track the solvency of the project monitoring and evaluation of comprehensive analysis, to take the necessary measures to guarantee the scheduled debt service. ⑤ the establishment of all country information for the loan, timely information released.
(B) to establish and improve the use of foreign government loans of monitoring and evaluation indicators for early warning system
In strengthening the day-to-day monitoring statistics, grasp the use of foreign government loans of the total, while developing the scientific monitoring and evaluation indicators, such as: debt rate, the debt service rate, the debt rate, the delinquency rate and short-term debt rate, and other macroeconomic indicators for monitoring; investment projects Internal rate of return, operating income, assets and liabilities rate, the total paid-up capital, the rate paid-up capital, cash flow, non-productive expenditure, income and other monopolistic price micro-accounting indicators; the district, county (city) Project The debt size, structure and the actual debt service to the progress of quantitative analysis, which found that problems and causes, to improve measures. At the same time, control of foreign government loans for the distribution of the currency structure. Should take "an appropriate scale, the structure of science, for decentralized, currency stability, in a reasonable, effective priority, the timely reimbursement of" principle, to establish a good use of foreign government loans debt management and operation system.
(C) to raise awareness to avoid exchange rate risk and ensure the safe use of funds
The lending institutions for loans to strengthen the exchange rate risk and its prevention research and advocacy, active units for the project to provide the appropriate financial services; Project to take an active interest in the international financial market trends, in accordance with relevant state laws and regulations, the financial institutions 's Help, through swaps and other means, avoid debt exchange-rate risks.
7, give full play to the supervisory functions, increase the intensity of Qingqian
(A) by the financial departments at all levels to guarantee the use of foreign government loans debt arrears problem has emerged, we must take measures to carry out security responsibilities and take the initiative to obtain the support of the local government as soon as possible, properly resolve historical issues left over from the arrears.
(B) the financial sector of the direct-lending projects have serious debt owed the Project, except in the city's debt situation within the framework of communications, we must also make full use of financial supervision and control functions, to take the charge to stop payment of loans granted and stop Comprehensive measures such as new projects and regular item on the serious debt units to conduct a comprehensive financial audit, and to take other administrative measures, such as not allowed to buy cars, no leader to go abroad, not selected advanced units and so on. When necessary, to legal proceedings, the project secured and unsecured property in force, to project units and the guarantor to meet its obligations.
(C) the other cases, such as has been implemented reorganization, restructuring or bankruptcy, the debtor must be re-established and the guarantor; units of the project with the department in charge of the severed ties, the competent departments to be responsible for all liabilities for the transfer procedures, the implementation of the new The responsibility of agencies, and promptly inform the government at the same level financial departments.
8, to strengthen management of foreign government loans, and establish and improve a foreign government loans "by using," management mechanism, actively and effectively use foreign capital for economic development in Shenyang, is our current focus. District, county (city) Planning Commission and financial departments to enhance understanding, strengthen leadership, comprehensive and careful in their own areas and departments of foreign government loans of investigation and research work to develop practical programme of work, do a good job in foreign government loans The day-to-day management of the debt and arrears clearance to work, prevent new arrears, further improve the use of foreign government loans management of levels, and promote the use of foreign capital city of healthy development. But also actively cooperate with the lending bank, a sound mechanism to reduce the link, in the efficient, pragmatic and innovative principles, fight for more preferential loans for economic development in Shenyang to contribute.