THEORETICAL BASIS OF EFFECTIVE MECHANISMS OF LOCAL BUDGET EXPENDITURE PLANNING
Keywords:
local budget, expenditure planning, fiscal decentralization, performance-based budgeting, public finance, governance, institutional mechanisms.Abstract
This paper explores the theoretical foundations and modern approaches to
planning local budget expenditures effectively. Emphasizing both conceptual frameworks
and empirical evidence, the paper examines fiscal decentralization, performance-based
budgeting, and citizen participation as key pillars of planning efficiency. Through a review
of international experiences and comparative case studies, the paper identifies critical
mechanisms and tools for improving the strategic allocation of public resources at the
subnational level. The conclusion offers policy recommendations relevant for countries
undergoing decentralization reforms.
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