Together with the central government, the local governments that are mainly
municipalities have a lot of responsibilities and positive contributions for the economic,
social, cultural and democratic development of a country. Hence, the municipalities have
to obtain the financial resources to undertake their modern functions. The purpose of the
study is to underline the potential ways of financing the municipalities in TRNC. As a
summary, this study shows that the financial resources of the TRNC municipalities is not
even enough for their essential planned investments. Furthermore, it should be pointed
out that the municipalities come across great difficulties of getting loans; the insufficiency
of the state’s contribution and other aids; and inability and impossibility of applying for
international sources due to the country’s international unrecognized situation.
Together with the central government, the local governments that are mainly
municipalities have a lot of responsibilities and positive contributions for the economic,
social, cultural and democratic development of a country. Hence, the municipalities have
to obtain the financial resources to undertake their modern functions. The purpose of the
study is to underline the potential ways of financing the municipalities in TRNC. As a
summary, this study shows that the financial resources of the TRNC municipalities is not
even enough for their essential planned investments. Furthermore, it should be pointed
out that the municipalities come across great difficulties of getting loans; the insufficiency
of the state’s contribution and other aids; and inability and impossibility of applying for
international sources due to the country’s international unrecognized situation.
Birincil Dil | İngilizce |
---|---|
Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 1 Mart 2005 |
Gönderilme Tarihi | 24 Haziran 2014 |
Yayımlandığı Sayı | Yıl 2005 Cilt: 3 Sayı: 1 |