This publication contains best experiences available in the region of South East Europe in debt financing and managing complex capital investment projects.Improved information is intended also to lead to proposals for changes in laws and regulations that are restricting local borrowing in some countries. In this guide the project team analyzed recent trends (201 0) in local government borrowing in Albania, Bulgaria, Croatia, Kosovo, Macedonia, Moldova, Montenegro, Republika Srpska – BiH, Romania, Serbia and Turkey.

Guidelines on Local Government Borrowing