Local government finances

The Ministry of Finance monitors and assesses the status and development of the finances of municipalities. The Ministry develops the system of central government transfers to local government; calculates and grants central government transfers to local government; is responsible for the centralised payment of the municipality of residence reimbursements for pre-primary or basic education to the education provider; prepares discretionary increases in central government transfers to local government for the Government and monitors and projects the development of the services and finances of municipalities on a municipal- and region-specific basis.