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Local government finances

Kuva: Maskot / Gorilla.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.