China Promotes Public Spending Transparency with Credit Card for Civil Servants – Keralanext.com

From Keralanext.com:

The Chinese government has launched the use of credit cards among some civil servants to cover the spending related to official duties in an effort to bring more transparency to public spending and combat official .

The Ministry of Finance (MOF) said on Thursday the practice would first be carried out from this month in three institutions – the CPC Central Commission for Discipline Inspection , Chinese Academy of Sciences and China Soong Ching Ling Foundation . The staff with the three institutions would use credit cards to pay for expenses of official duties below 50,000 yuan, such as business trip fare, conference charges and dining expenses, according to the ministry. [Full text]

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