Revista Transilvană de Ştiinţe Administrative (Jun 2005)
Creditarea locală ca sursă de finanțare
Abstract
Local crediting is an important source for municipalities budget. This allows the community to make more investments and long-term projects. In order to choose the method for financing the capital investments, a local community has to respect three principles: equity, rapidity, and efficiency. A discussion regarding debt policy is incomplete, if is not included in capital investment program. Local communities must find those credits that respond properly for people needs.