MUNICIPALITIES SINK IN DEBTS, MAYORS REQUIRE FISCAL DECENTRALIZATION
The municipalities’ indebtedness results from their irrational performance and unrealistic planning of the budgets. By Gjurgjica Bojchovska and Ljubica Ivanova In the Republic of Macedonia many of the municipalities are sinking in debt and have blocked accounts. It is a huge problem for the municipalities because they are unable to successfully perform the legally entrusted competences and provide quality services to the citizens. About 20 municipalities have... 