JAPAN LOCAL GOVERNMENT BOND ASSOCIATION
TOP„Local Public Finance System in Japan„Distribution of Financial Resources Between the National and Local Governments
Distribution of Financial Resources Between the National and Local Governments
œThe ratio of national to local government tax revenue is approximately 3:2. In contrast, the ratio of national to local government final expenditures per fiscal year is approximately 2:3.
Accordingly, there is a wide gap between allocation of financial resources and final expenditures.
Distribution of Financial Resources Between the National and Local Governments (FY 2004)


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