Funding Local Infrastructure to Support Local Development in Municipalities of Georgia

Uglava Kristine

Abstract: Infrastructure development can play larger role in local growth and improving quality of life at local level through making territory more attractive for living, business activities and also for tourism. If the infrastructure is not developed in all areas of the country in a balanced way, it strengthen disparities between territories which is one of the most important problem for sustainable socio-economic development of the country. Government of Georgia implements policies, programs and projects to support municipalities for local infrastructure development which for there is no suitable amount of finances in municipality budgets. This paper provides a general analysis of local infrastructure funding policy to support local development in municipalities of Georgia and also a brief overview of relevant current programs, problems and challenges in Georgia.

Keywords: local development, infrastructure funding, local infrastructure