Fourthly, softbudget constraints and extra budgetary funds exist widely.
四是预算约束软化和预算外资金大量存在。
2
A good local tax is visible and prevents softbudget constraints.
好的地税税种具有可见性,能阻止预算软约束。
3
Softbudget constraint greatly reduced the effect of banking risk supervision, so it's not easy to realize the safety and stability of financial system only with minimum capital requirement.