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Local-Government-Budgets-and-Strategies1

Title of the Session

Local Government Budgets and Strategies

Time and Venue

16 June 2015, Marriott Hotel Zamalek – 11:00 am-12:30 pm

Introduction

There has been strong rational towards the need for shifting to a more decentralised decision making process and providing a stronger role for local government on the ground of efficiency, relevance and accountability. Local governments are suggested to be closer to the citizens compared to the central government and thus being able to better design and implement local economic development strategies and insure better collection of revenues and local taxes. Since 2007, the Egyptian constitution has incorporated the need for decentralising and empowering local government, however until today local government budgets continue to suffer from chronic budget deficit and are heavily depended on central transfers. In addition, most investments related to enhancing economic development are being implemented by central agencies. This session discusses the often neglected topic of local governments’ financial situation and their ability to finance strategies for local economic development. It also explores the needed reform that should be undertaken to empower local government in the Egyptian context.

The aim of the Panel is to discuss:

  • What are local economic development (LED) strategies and who are the key players?
  • What are the obstacles that local governments face in implementing LED?
  • What is the status of local government budgets (revenues/ expenditures) in relation to the national budget?
  • To what extent intergovernmental transfers have been able to support local government budgets?
  • What are the needed policies and reforms to enhance local government resources and processes?

Panelists:

Dr. Mohamed Al Shawi, Local Public Finance Expert

Mr. Sherif Hamdy, Senior Operation Officer, International Finance Corporation

Dr. Ebtehal Abd El Moaty, Faculty of Urban and Regional Planning, Cairo University

Moderator:

Dr. Khaled Zakaria Amin, Public Finance Expert, Faculty of Political and Economic Science, Cairo University.