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To beg, borrow or steal?
In 2017, Nepal held its first local election after two decades. A generation of Nepalis had grown up without any experience of electing mayors or ward chairs. Bureaucrats were appointed to municipalities. Those were not just any local elections, they were the first under a federal structure. Hopes were high, and expectations higher. But how to make fiscal federalism work, and particularly municipal financing? What has been the experience of the past two years?
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