2025 annual audit report released, central finances deficit is in line with the budget.

date
23/06/2026
The Audit Office reported to the Standing Committee of the National People's Congress on the audit of the central budget execution and other fiscal revenues and expenditures in 2025. The report shows that the central government deficit in 2025 is in line with the budget. In terms of the implementation of the "Two Doubles" and "Two News" policies and the use of funds, the report revealed problems such as the misappropriation and misuse of some long-term national debt funds, the inadequate implementation of "soft construction" tasks such as supporting policies for "Two Doubles" construction, and in the audit of urban underground pipe networks, it revealed problems such as the misappropriation, fraud, or idle use of some funds allocated for "Two Doubles" construction.