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"The MFSA tool is very useful and can help LGs assess their financial performance and look for additional financing. On the other hand, it is a huge responsibility to translate the budget into strategies that will drive LG's development",
Reisa Duraj, Head of Finance and Treasure Relations Sector of the Shkoder Municipality, Albania

"This capacity building program will enhance knowledge and skills of local governments, particularly of medium and large cities."


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UPP Municipal Finance Self-Assessment Workshop in Prcanj, Montenegro

Categories: Events, Workshops | Author: Maja | Posted: 9/27/2017 | Views: 853

On June 14-15, 2017 in the small town of Prcanj (bay of Boka Kotorska) in Montenegro Urban Partnership Program gathered around 30 participants from 12 Serbian and Montenegrin cities and municipalities (including Belgrade, Sabac, Pancevo, Nis, Subotica, Mojkovac, Pljevlja, Tivat, Bijelo Polje, Kotor, Budva and Bar), joined together with the representative from the Montenegro Ministry of Finance and Standing Conference of Towns and Municipalities (Local Government Association) of Serbia to discuss municipal finances and share experiences with their peers from neighboring country.

 

Main focus of the workshop was presenting the current status and progress in each of the two respective countries and participating cities/municipalities. During the course of the workshop participants had the opportunity to discuss financial positions, key indicators and action plans. While in Montenegro more than half of the total number of municipalities have been engaged in Municipal Finance Self-Assessment (MFSA) process in Serbia so far eight cities and municipalities have been working on it. Both capital cities of Belgrade and Podgorica have been using the tool for several years now. So far both countries have developed Action plan for all participating municipalities and will present their work in the upcoming City to City Dialogue (to be organized in Macedonia in the Fall 2017). Second part of the workshop was dedicated to the Capital Investment Planning, including basic functions, key steps as well as criteria to be followed when selecting projects.

 

The cities and municipalities appreciated the opportunity to share and discuss important issues of joint interest and compare laws and regulations, provide suggestions and advice to one another and to pose questions to the Ministry and LGA representatives in a safe environment.

 

At the end of the second day, the group visited Porto Montenegro (Tivat) as one of the most successful investment examples in Montenegro. Participants had the opportunity to hear and learn more about the history of the project, investments and upcoming developments from the representative of Porto Montenegro.





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