Improving financing by local government

Providing financing by local authorities
Spending local government funds

Description

Improving financing by local government involves strengthening revenue generation, optimizing budget management, and enhancing transparency to ensure adequate funding for public services and infrastructure. Key actions include diversifying local tax bases, improving collection efficiency, leveraging public-private partnerships, and accessing external funding sources. These measures address challenges such as fiscal shortfalls, service delivery gaps, and dependency on central transfers, enabling local authorities to better meet community needs and promote sustainable local development.