The local government debt Abstract: As China’s economy has increasingly grown at an incredible high speed about average 9.8% gain every year before the 2008 financial‚ and china has became the world second-largest economy. Local government plays an important role in keeping such a rapid growth through the large amount of investment. However‚ the local government debt has increased substantially‚ following the growth of total economy. And the problems and potential troubles brought by the local
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Law No. 25 of 1999 on Financial Balance of the Central Government and the Regions‚ and the rules for its implementation in particular Regulation Number 105 Year 2000 on the Financial Management and Accountability of the starting fiscal year 2001‚ there has been a renewal in financial management area. With this autonomy‚ the area is given broad authority to take care of their own household with minimal government intervention. Local governments have the right and authority to use the vast financial
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BANKING SECTOR REFORMS –Implications for Employees By: Mr. Feyi Oluwaremi (B.Sc‚ MBA‚ ACA) ABSTRACT Recent reforms carried out by Sanusi Lamido Sanusi‚ governor of the Central Bank of Nigeria (CBN)‚ in the banking industry appear desirable. The CBN aims at ensuring the stability and soundness of Nigeria’s banking industry within the shortest possible time. However‚ the unintended negative effects of these present reforms of the banking sector on national economy are awful. The
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Project Proposal Local Government in the Russian Federation Author: Viktoria Faculty of Public Administration Research supervisor: O.Kalugina Moscow 2012 Intoduction. Abstract. The “new history” of local government in Russia dates back to the beginning of the 1990s
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TOPIC: GOVERNMENT ACCOUNTING REFORMS: THE NIGERIAN NATIONAL QUESTION ABSTRACT Using Nigeria as a focus‚ the research work was on the federal character‚ its deficiencies and its effects in the public service. The research work highlights the history of inequality in Nigeria‚ evolution of the quota system in order to give readers an insight into how educational imbalances religion and ethno cultural diversities has affected the quality of personnel recruited into the public service. The
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proposed program and is presented into two parts‚ namely: Part I – National Government Budget‚ and Part II - Budgets of the three (3) Energy Corporations. | The FY 2008 Budget Program | The total proposed expenditure program for FY 2008 amounts to P1.227 Trillion‚ computed on an obligation basis‚ as presented in Table I below and in Annex A. | Table I Summary of Appropriations and Obligations of the National Government‚ FY 2006-2008 (In thousand pesos) | | PARTICULARS | 2006 (Actual) |
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Theoretical perspective of Local government By Adnan ul Haq Introduction: In the process of decision making‚ the intensification by the participation of masses and democratization’s process are two essential aspects that defend the local government’s existence. Without local government’s system it is not possible to consider any political system to be complete and entirely democratic. The two-fold essentialities (purposes) that local government serves are (a) supplying goods and services
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1 LOCAL GOVERNMENT’S FINANCIAL CHALLENGES A fresh look at local government’s deliver obligations and resource requirements is needed. HILDEGARDE FAST makes the case for a differentiated approach. It is common knowledge that many municipalities in South Africa are financially in dire straits. In the public discourse‚ the focus is often on operational issues such as poor revenue collection‚ unsustainable debt burdens‚ and lack of financial management capacity. In seeking to understand the financial
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LOCAL GOVERNMENT COUNCILS’ PERFOMANCE AND PUBLIC SERVICE DELIVERY IN UGANDA MUKONO DISTRICT COUNCIL SCORE-CARD REPORT 2009/2010 LOCAL GOVERNMENT COUNCILS’ PERFOMANCE AND PUBLIC SERVICE DELIVERY IN UGANDA MUKONO DISTRICT COUNCIL SCORE-CARD REPORT 2009/2010 Lillian Muyomba-Tamale Godber W. Tumushabe Ivan Amanigaruhanga Viola Bwanika-Semyalo Emma Jones ACODE Policy Research Series No. 45‚ 2011 1 LOCAL GOVERNMENT COUNCILS’ PERFOMANCE AND PUBLIC SERVICE DELIVERY IN UGANDA 2
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THE LOCAL GOVERNMENT CODE OF THE PHILIPPINES BOOK II LOCAL TAXATION AND FISCAL MATTERS TITLE ONE. – LOCAL GOVERNMENT TAXATION CHAPTER 1. – GENERAL PROVISIONS SECTION 128. Scope − The provision herein shall govern the exercise by provinces‚ cities‚ municipalities‚ and Barangays of their taxing and other revenue−raising powers. SECTION 129. Power to Create Source of Revenue − Each local government unit shall exercise its power to create its own sources of revenue and to levy taxes‚ fees‚ and
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