The Ministry of Finance recently issued the notice on issuing in advance the budget of subsidies for affordable housing projects in some central finance cities and towns in 2022, with a total amount of 52.6 billion yuan. The notice specifies that the fund will be allocated and used according to the specified procedures after the beginning of the 2022 budget year, and will be specially used for the transformation of urban shantytowns, the issuance of rental subsidies to eligible affordable families renting housing in the market, the transformation of old urban communities, and the second batch of pilot projects of central finance to support the development of housing rental market. "Issuing the subsidy budget for affordable housing projects in advance is the need to strengthen financial fund management." Bai Jingming, a researcher at the Chinese Academy of financial Sciences, said that urban affordable housing projects belong to the common right, the central government should bear part of the funds, local governments should bear part of the funds, and the central finance should issue the fund budget in advance, It can facilitate the preparation of local budget for next year and improve the integrity, accuracy and scientificity of local financial budget preparation. Wang Zecai, a researcher at the Chinese Academy of financial Sciences, said that the urban affordable housing project is a major benefit project of the central government. The early allocation of funds for rental housing security and the transformation of old urban communities and shantytowns can improve people's sense of acquisition, happiness and security in living and working in peace and contentment. The one-time capital budget was issued in advance, with a total amount of 52.6 billion yuan. How to further improve the efficiency of capital allocation has attracted wide attention. Wang Zecai suggested that, on the one hand, we should find out the bottom line of the demand for affordable housing in cities and towns, so as to lay a good foundation for the preparation of the project expenditure budget. In view of the situation that some places have expenditure demand but have financial difficulties, we can also release funds in time or in advance after strict review and demonstration, so as to alleviate the local financial tension caused by the epidemic situation, Effectively improve the social benefits of the allocation and use of this fund. On the other hand, we should strengthen the dynamic monitoring of budget implementation, strictly implement the provisions of "no allocation without performance indicators" in accordance with the principle of "who wants money, who designs indicators", so as to prevent problems such as waste of financial funds and low efficiency. In addition, we should improve the direct financial fund mechanism to promote the coverage of direct funds in a wider range, larger scale and higher accuracy. It is worth mentioning that in recent years, the Ministry of finance has attached great importance to accelerating the progress of budget implementation. For four consecutive years, the general transfer payment, special transfer payment, fixed settlement subsidy and major project expenditure originally allocated in the next year have been allocated in advance in the fourth quarter of the year. Recently, the Ministry of Finance issued a number of transfer payments and subsidies for 2022 in advance. Bai Jingming said that the budget expenditures issued by the Ministry of Finance in advance basically belong to people's livelihood expenditures, which shows that the central government puts the protection and improvement of people's livelihood in a prominent position. By strengthening the regulation of taxes, social security and transfer payments and improving accuracy, it can really enhance the people's sense of gain, so that the fruits of reform and development can benefit all the people more and more fairly, It reflects the goal of common prosperity. (reporter Li Hualin) (outlook new era)