Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/187312 
Year of Publication: 
1996
Series/Report no.: 
PIDS Discussion Paper Series No. 1996-06
Publisher: 
Philippine Institute for Development Studies (PIDS), Makati City
Abstract: 
The devolution of functions and responsibilities to LGUs has translated to the expectations of an improved delivery of public goods and services. However, LGU funding, mainly coming from the national government, loans from the government-owned financial institutions and Municipal Development Fund, have not been sufficient to meet the LGU requirement. This study provides results and analyses that can assist the government in developing a policy and institutional framework for the establishment of a municipal credit system well participated by the private sector.
Subjects: 
capital markets
local government unit expenditures
Local Government Units (LGUs)
Document Type: 
Working Paper

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