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Montenegro - Options to restore fiscal sustainability and improve spending efficiency at subnational level (anglais)

The World Bank prepared this policy note at the request of the Montenegrin Ministry of Finance (MoF) to formulate a diagnostic of the current situation of local self-governments in Montenegro - with a special focus on municipalities undergoing financial distress - and propose directions for policy and reform aimed at restoring fiscal sustainability and improving spending efficiency. The policy note intends to inform authorities on options to strengthen...
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