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- W2602871535 abstract "In the last decade, from 2001 to the present, Serbian local government has gone trough a reformprocess and got specific competencies concerning local infrastructure development, construction ofpublic buildings and delivering various public services. This process was followed with the localfinance system reform in which Local Serbian Governments’ financial power has been considerablyincreased: during the above mentioned period the total funds available to LGs have increased byalmost 50%. Newly developed legal framework introduced possibility of borrowing funds, first of all,for financing capital infrastructure projects. According to this framework Serbian LGs are allowed touse municipal bonds to finance their functions. It also defined some general rules for issuing bonds(the types of bonds, its purposes, general procedure of issuing and alike). Anyhow, even if it has beenfor some degree of readiness both at the local and central government level to use municipal bonds,they have not yet become part of financial practice in Serbia." @default.
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- W2602871535 date "2010-01-01" @default.
- W2602871535 modified "2023-09-25" @default.
- W2602871535 title "Municipal bonds in Serbian local goverment finance system" @default.
- W2602871535 hasPublicationYear "2010" @default.
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