HomefinanceChinese finance minister hints at increasing the deficit at highly anticipated briefing

Chinese finance minister hints at increasing the deficit at highly anticipated briefing

Lan Fo’an, China’s finance minister, center, speaks as Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), left, and Pan Gongsheng, governor of the People’s Bank of China (PBOC), listen during a news conference on the sidelines of the National People’s Congress in Beijing, China, on Wednesday, March 6, 2024.
BEIJING — China’s Minister of Finance Lan Fo’an told reporters Saturday during a highly anticipated press briefing that the central government has room to increase debt and the deficit.
He emphasized that the space for a deficit increase is

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