CHRONOLOGY

1995 MoF realises private + public sector NPLs continue to snowball FILP + Local Government Reform launched

 

GLOSSARY

Trinity of Issues Local Government Reform the Katayama Plan issues 1. fiscal resources transfer, 2. subsidies, 3. tax transfer cf sanmi ittai
sanmi ittai Christian doctrine of the Trinity term curiously applied to a scheme of Local Government reform cf Katayama Plan
zaigen ijo fiscal resources transfer sine qua non of local government reform programme cf Trinity of Issues

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