The Anhui Supervision Bureau of the Ministry of Finance is establishing a working mechanism covering the full chain of 'monitoring, assessment, early warning, verification, rectification, and improvement' to strengthen oversight of local fiscal operations. The deployment was announced on June 29, 2026.
The oversight focuses on grassroots 'three guarantees' protections, fiscal sustainability, and the enforcement of fiscal and economic discipline. Through the integrated budget management system and fiscal statistical reports, the bureau collects monthly data on revenue and expenditure scale, structure, progress, treasury levels, 'three guarantees' provisions, and debt interest payments, and conducts comparisons and trend analyses. Early warnings are promptly issued for regions deviating from reasonable ranges.
For anomalies or suspicions detected during monitoring, the bureau will organize on-site verification, using methods such as document review, account checking, extended verification, and interviews to ascertain the true fiscal conditions at the grassroots level. Fraudulent behavior will be dealt with seriously. Meanwhile, risks and problems are managed in a closed loop via ledger management, list-based promotion, and item-by-item closure, with regular 'look-back' reviews of rectification efforts.
In applying the outcomes, the Anhui Supervision Bureau produces quarterly analysis reports on local fiscal operations and submits suggestions for institutional improvements to local authorities. It also strengthens horizontal collaboration with local finance, taxation, and audit departments, establishing mechanisms for information sharing and joint rectification, thereby promoting a regulatory framework that is 'horizontally coordinated and vertically integrated.' Additionally, through policy services and professional guidance, it helps cities and counties to rationally arrange revenues and expenditures, revitalize existing resources, strengthen treasury safeguards, and enhance fiscal sustainability.
This effort aims to implement the Ministry of Finance's deployment on strengthening local fiscal operation monitoring, to guard against regional fiscal risks, and to serve the stable and healthy operation of local finances.