Assignment: Prepare comprehensive model for PFM section of law on local finances; exclude revenue section Compare model with current legislation Collect insights into the state of current local PFM practice   Current results Draft model based on PFM theory, international good practice standards and legislation in other countries Model compared with current legislation in Albania […]

Local revenues or management of local finances or both? Local revenues => Logical continuation of ongoing decentralisation process Management of local finances => Multitude of existing laws regulations, directives etc. => Need for more consistent and complete PFM guidance in accordance with international standards Law with two sections: Section A on local revenues Section B […]