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Introduction to local finance management
For achieving sound local finance, The National Treasury Administration (NTA) is in charge of assisting and supervising the local governments, and distributes the centrally-funded tax revenues to add to the autonomous fiscal resources of local governments in accordance with the “Act Governing the Allocation of Government Revenues and Expenditures” and “Regulations for Allocation of Centrally-Funded Tax Revenues”.
In order to strengthen local fiscal disciplines and publicize measures of generating funds and cutting expenditure, the NTA continues to implement the “Program for Assisting Local Government Finance” by evaluation, assistance, the sharing of experience, and educational training, so as to carry out the accountability and soundness of local finance.

graph of introduction to local finance management

Issued:Financial Planning Division Release date:2019-04-18 Last updated:2019-04-18 Click times:847