Municipal Finances - A Learning Program for Local Governments

Municipal finances are central to many new urban and local governance projects, as their strategic management plays a critical role in ensuring long-term sustainability of local services and infrastructure. However, the tightening of fiscal constraints and the pressure from the global financial and economic downturn require increasingly sophisticated responses from local governments in mobilizing and utilizing financial resources. A first outline of this training product was piloted in a municipal finances core course for World Bank staff in November 2010 that strongly underscored the demand for and reconfirmed the curriculum.