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Functions Of Public Finance In The Town Hall Of Braila Municipality

Author

Listed:
  • Angelica BRATU

    ("Constantin Brancoveanu" University of Pitesti, Romania)

Abstract

The appearance of public finances is due to certain needs and objective causes, their main function being that of procuring the financial resources that the state needs, through the central and local public administrations, to exercise its powers and, in this way, to intervene in the economy and society in general. Public finances at the Braila City Hall are necessary, subjectively and objectively, because they contribute to the achievement of the tasks assumed by the Braila Municipality through the Development Strategy, which could not be carried out without the financial levers. The public finances of Braila City Hall are indispensably linked to its existence and the role of the public sector in the economy. Thus, they express social relations, of an economic nature that arise in the process of establishing and using public financial resources between the Municipality of Braila, on the one hand, and the citizens of the Municipality of Braila, on the other hand, in order to satisfy the needs of the general interest of the Municipality. In conclusion, the role of the public finances of Braila City Hall is to satisfy the needs of general interest, or the collective needs of the citizens of Braila City.

Suggested Citation

  • Angelica BRATU, 2024. "Functions Of Public Finance In The Town Hall Of Braila Municipality," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 9(1), pages 20-30.
  • Handle: RePEc:brc:brccej:v:9:y:2024:i:1:p:20-30
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    Keywords

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    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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