Impact of the COVID-19 Pandemic on Municipal Finance
City local governments have been facing multiple challenges due to the COVID-19 pandemic to secure adequate financial resources for response and recovery. This report assesses the impact of the pandemic on local governments’ financial situations th...
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| Format: | Report |
| Language: | English |
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Washington, DC: World Bank
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099805003222238028/P176128097ea630e50b4620c15a0ad7d9fd http://hdl.handle.net/10986/37205 |
| Summary: | City local governments have been
facing multiple challenges due to the COVID-19 pandemic to
secure adequate financial resources for response and
recovery. This report assesses the impact of the pandemic on
local governments’ financial situations through
cross-country analysis and comparison. Three indicative
types of local government adjustments are discussed and
scenario analysis is used to highlight the risks and
uncertainties associated with the pandemic’s impact and
subsequent economic recovery. |
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