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1940年国民党政府执行反共政策,开始对陕甘宁边区实行经济封锁,边区外援补给减少,财政日益困难。1941年初“皖南事变”发生后,国民党政府不仅停发八路军军饷,而且加紧对边区实行经济封锁,边区财政被迫走上自给的道路。为克服边区政府经济上的严重困难,弥补财政之急需,充实抗战财力,1941年2月边区政府决定发行建设救国公债。
In 1940, the Kuomintang government implemented the anti-communist policy and began to carry out economic blockade on the Shaanxi-Gansu-Ningxia Border Region. As a result, the supply of foreign aid in the border areas has been reduced and the financial administration has become increasingly difficult. In early 1941, following the occurrence of the “Southern Anhui Incident”, the Kuomintang government not only stopped the pay of the Eighth Route Army, but also stepped up the economic blockade on the border areas. The finance of the border areas was forced to take the road of self-sufficiency. In order to overcome the serious economic difficulties of the border government, make up the urgent need of finance and enrich the financial resources of resistance to war, in February 1941 the border government decided to issue and build the national debt to save the nation.