The doctrinal and normative dimension of local financial autonomy

This article describes the institution of local financial autonomy, which represents the effective capacity of local entities to determine the volume if their resources and the level of their expenditures, the ability of local authorities to govern their finances in accordance with the needs of territorial administrative unit. In recent years, there is a tendency in Republic of Moldova towards increasing degree of local financial autonomy and local development, reducing disparities in development, so a part of the state powers is transferred to local communities.