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REVENUE SHARING LAW

In keeping with Chapter 10, Article 10.1 of the Revenue Sharing Law (RSL) 2021, the Ministry of Finance and Development Planning shall issue regulations on the schedules and methods of transfers to local governments and sub-local governments units. Further, Chapter 10, Article 10.2 provides that revenues allocated and transferred to Local Government shall be subjected to the public finance management law and attendant regulations, including budgeting, accounting, pre- and post-audits as managed by the Ministry of Finance and Development Planning.


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Regulations_Revenue Sharing Law.doc - 197kb