noun
local government finance and administration; local economy; local financial affairs
Refers to the financial and administrative matters of local governments, often used in policy, economic, or bureaucratic contexts.
地方行財政の改革が急務だ。
Reform of local government finance and administration is urgent.
この報告書は地方行財政の現状を分析している。
This report analyzes the current state of local government finance and administration.
Compound of 地方 (local), 行 (administration), and 財政 (finance).