Publication:
Unlocking Subnational Finance: Overcoming Barriers to Finance for Municipalities in Low- and Middle-Income Countries

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2025-04-22T14:28:15Z
dc.date.available2025-04-22T14:28:15Z
dc.date.issued2025-04-22
dc.description.abstractMunicipalities in low- and middle-income countries confront financing needs that greatly exceed available flows. Currently, most investment in municipal infrastructure is financed directly from public fiscal sources, but needs cannot be met by existing public and international development sources alone. Much greater use of private and repayable financing will be required. This report is intended to address this development challenge. It provides a snapshot of repayable finance flows to municipalities in developing countries, showing that such flows have been extremely restricted in recent years. It then identifies the chief factors that contribute to these restricted flows, along three dimensions: municipalities’ effective demand for finance, the supply of finance, and the intermediating regulatory environment. It offers recommendations for municipalities, national governments, and development partners to address these constraints.en
dc.identifierhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099042125213510687
dc.identifier.doi10.1596/43104
dc.identifier.urihttps://hdl.handle.net/10986/43104
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectMUNICIPAL DEBT
dc.subjectPUBLIC-PRIVATE PARTNERSHIP (PPP)
dc.subjectREPAYABLE FINANCE
dc.subjectOUTSTANDING DEBT-STOCK
dc.subjectLOW-INCOME
dc.subjectMIDDLE-INCOME
dc.titleUnlocking Subnational Financeen
dc.title.subtitleOvercoming Barriers to Finance for Municipalities in Low- and Middle-Income Countriesen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleUnlocking Subnational Finance: Overcoming Barriers to Finance for Municipalities in Low- and Middle-Income Countries
okr.date.disclosure2025-04-22
okr.date.doiregistration2025-04-24T02:19:44.740009Z
okr.date.doiregistration2025-05-02T02:23:36.010051Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Financial Sector Study
okr.guid099042125213510687
okr.identifier.report200701
okr.pdfurlhttps://documents1.worldbank.org/curated/en/099042125213510687/pdf/P508557-7e0ab47a-b1d4-42bd-90ac-ecec2a21b00d.pdf
okr.region.geographicalWorld
okr.topicFinance and Financial Sector Development::Public & Municipal Finance
okr.unitInfra - Urban Global Department (IDUGD)
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