2011年5月25日星期三

China's finance ministry hails more transparent central government departments

China's finance ministry said Saturday that 88 of the country's 98 central government departments had publicized their budgets by Friday, while more detailed data on spending for overseas travel, receptions and offitera goldcial cars will be unveiled in June.

The central government departments' budgets are becoming more transparent this year as more departments are publishing their budgets in a timely and detailed manner, the Ministry of Finance (MOF) said in a statement on its website.

The Ministry of Science and Technology published its annual budget on April 14, becoming the first ministry to do so this year.

Earlier this month, an executive meeting of the State Council, China's Cabinet, ordered that all 98 central government departments should publicize their budgets this year. Only 75 departments publicized their budgets in 2010.

The State Council also said that efforts must be made to enhance the "depth and scope" of government frift goldinancial information that is released to the public.

The central government departments are also expected to publish detailed information concerning how much they have spent and are planning to spend on overseas travel, receptions, and official cars.

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