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2023 | OriginalPaper | Chapter

Local Budget Revenue Formation Reality, Obstacles and Prospects in Georgia: An Empirical Examination and Creative Approach

Author : George Abuselidze

Published in: Computational Science and Its Applications – ICCSA 2023

Publisher: Springer Nature Switzerland

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Abstract

The purpose of this research is to investigate the creation of financial resources in municipal budgets and to highlight significant concerns. Local self-government is crucial for the development of a robust economy in a nation, but without a balanced budget, a municipality cannot be independent or powerful. As a result, it's crucial to identify the mechanisms for optimization and assess the difficulties associated with creating local budgets. In the study, the sources of Georgian municipal budget creation are examined and discussed. The difficulties that now exist are highlighted based on the analysis of the study findings, and modifications that should be made are suggested based on the aforesaid facts. These changes will be crucial for the efficient operation of the local budgets.

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Title: Local Budget Revenue Formation Reality, Obstacles and Prospects in Georgia: An Empirical Examination and Creative Approach
Author: George Abuselidze
Publisher: Springer Nature Switzerland
Book: Computational Science and Its Applications – ICCSA 2023
Print ISBN: 978-3-031-36807-3

Electronic ISBN: 978-3-031-36808-0

Copyright Year: 2023
DOI: https://doi.org/10.1007/978-3-031-36808-0_13

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