地ち方ほう財ざい政せい

noun

local government finance

Refers to the financial affairs, budgets, and fiscal management of prefectural and municipal governments. Often contrasted with 国家財政 (national finance).

See also: 国家財政

• 地ち方ほう財ざい政せいの健けん全ぜん化かが大おおきな課か題だいとなっている。

  The soundness of local government finances has become a major issue.

• この町まちの地ち方ほう財ざい政せいは厳きびしい状じょう況きょうだ。

  This town's local finances are in a difficult situation.