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我国财政从1979年到1988年实际发生赤字1654.17亿元(不含债务收入,即硬赤字),平均占每年预算收入的11.28%。从动态来看,我国财政赤字占当年预算收入比重由1979年的19.3%降到1981年的9.7%,1982年再度上升,到1985年降至最低点,然而在经历了“N”型发展过程之后,1986年再度回升,到1988年达到高峰(占12.2%)。财政发生这上千亿元的亏空,大部分是依赖于外债(且不说内债)来弥补的。一旦失去了赤字赖以生存的“支柱”,引起的连琐反应境况则是不可想象的。
The actual deficit of our country’s finance from 1979 to 1988 was 165.417 billion yuan (excluding the debt income, that is, the hard deficit), accounting for an average of 11.28% of the annual budgetary revenue. From a dynamic perspective, China’s fiscal deficit accounted for the current year’s budgetary revenue proportion dropped from 19.3% in 1979 to 9.7% in 1981, rising again in 1982 and then dropping to the lowest point in 1985. However, after experiencing the “N” type development process Later, it rose again in 1986 and peaked in 1988 (12.2%). Much of the deficits that have taken place in the financial sector have largely been offset by the external debt (not to mention the domestic debt). Once the “pillar” of the deficit to survive is lost, the continual reaction caused by it can not be imagined.