financial discipline
4.Such financial discipline has been a cornerstone of our success, and has allowed us to build up strong reserves, which are essential to the protection of our linked exchange rate.
5.Our experience is that the risks of the open market can be managed by making the market operate as transparently and efficiently as possible, by maintaining financial discipline in the public sector, and by ensuring that financial institutions manage their investments and risks properly.
6.Financial and economic discipline should be strict and management of extra-budgetary funds should be standardized and tightened.
7.Working in an accounting organ of an institution, accounting personnel shall have a sufficient understanding of their own position and responsibility in the institutional economic management and can handle affairs in accordance with the law, aim at principle and strengthen accounting supervision. Also they shall consciously maintain financial and economic discipline and play an important role in the promotion of construction of clean and honest administration.
8.Also, calls from the international community to establish greater discipline in global financial markets should help to promote stability worldwide.
9.In 1997, the Government proposed a series of measures under the Report on Financial Market Review and the 30-point programme with a view to further strengthening the regulatory and operation systems and enhancing the discipline and transparency of the securities and futures markets.
10.Made clear the task of financial management of social insurance fund, want to carry out executive country to concern law, code and guiding principle, policy seriously namely, raise money lawfully and use fund; Build system of sound financial management, the plan that makes good foundation hard, control, business accounting, analysis and assessment work, reflect condition of fund income and expenses according to the facts; Abide by discipline of finance and economics strictly, strengthen supervise and check, ensure the safety of fund.
