[ICAEW]ACA上海：difficulty in containing government spending

　　Commenting on the public sector finances for June 2014, published today by the ONS, Sumita Shah, ICAEW Public Sector Regulatory Policy Manager said:

　　“The latest figures do not make pleasant summer holiday reading for the government. Public sector debt, at ?1.3trn, is now over 77% of GDP. And while it is encouraging that VAT receipts are up 5.5%, reflecting an increased level of economic activity, it is clear from the figures that it is difficult to contain government spending. If we are to bring public finances under control then structural changes need to take place.

　　“We urge the government to take steps to reform the Treasury into a modern finance ministry, to consolidate and manage all spending and revenue across Whitehall, to enforce financial discipline and provide strategic advice to Ministers. Only then can the government truly work to fix our public finances and deliver value for money throughout our public services.”
 

　　高顿网校小编寄语：人生得意，有两样东西不可少，一份源源不断的创造力，一份四季如春的好心情。

 

 

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