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Debt management

Europe & Central Asia

Bulgaria Parliament Adopts Rules on Procedure for Financial Recovery of Municipalities

June 7, 2016 LPS Initiative
Bulgaria’s National Assembly passed at second reading amendments to the Public Finance Act, introducing rules on launching a procedure for financial recovery of municipalities in the form of interest-free credit granted from the state budget, […]
Decentralization

Subnational Debt Management and Restructuring: Lessons from International Experience

January 28, 2016 LPS Initiative
In the aftermath of the global financial crisis, policymakers around the world are focusing once again on government debt sustainability. In China, subnational government debt is an important part of total government debt, and therefore […]

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