The analysis demonstrates the importance of local budgets for sustainable development in Bulgarian municipalities, suggesting ways to enhance financial independence and sustainability.
The scientific report characterizes the nature and features of local budgets. The goals for achieving sustainable development of municipalities are presented. The role and importance of local budgets as a tool for the sustainable development of Bulgarian municipalities are clarified. An analysis of the financial independence, indebtedness, financial sustainability, and investment activity of Bulgarian municipalities in recent years is carried out
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Biser Krastev (2025) studied this question.
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