Research On The Problems And Countermeasures Of Local Treasury Cash Management In N City

The continuous innovation of the local treasury centralized collection and payment system has brought about more positive effects.At the same time,with the steady growth of the national economy,the scale of local fiscal treasury has increased year by year,resulting in the temporary vacancy of the local treasury.It is also climbing.The amount of cash deposited by the state treasury is getting bigger and bigger,but in the context of rapid economic development,it is also required to provide sufficient financial funds to guarantee a sharp contrast.To this end,local treasury cash management has the necessity and feasibility of keeping pace with the times.Local and central treasury cash management has significant differences in the main body,mode and ultimate purpose,and the two also show distinct differences in terms of geography and policy.This requires local governments to formulate reasonable management measures based on their actual conditions.This study selects N city as the research object,analyzes the current situation and existing problems of local treasury cash management,and proposes improvement suggestions in a targeted manner,which provides reference for other local governments to carry out cash management,which has significant practical significance.Based on the new public management theory,principal-agent theory,etc.,this paper combines the actual situation of N-city local treasury cash management.First,collect a large number of domestic and foreign treasury cash management related materials,summarize the concept and basic characteristics of treasury cash management,and establish the theoretical basis for research.Secondly,taking N city as the research object,the actual understanding of its state treasury cash management situation,from the institutional system,cash flow forecasting,management main body objectives,risk control and other aspects of research and problems.Then,by combing the basic situation of cash management of treasury in developed countries and cash management of China's central treasury,this paper studies the successful experience that local treasury cash management can learn from and the enlightenment to local treasury cash management.Finally,five aspects of countermeasures are proposed to improve the local treasury cash management in N City,including improving the institutional system,optimizing organizational processes,expanding operational tools,strict risk control,and improving management effectiveness.To achieve the purpose of revitalizing the financial stock funds,reducing the cost of capital,and improving the efficiency of the use of fiscal funds.It not only strengthens the quality of public financial fund management,promotes local economic development,but also enables public finances to truly play their role and lay a good foundation for national governance.