News from 2022-05-16 / KfW Research
KfW Municipal Panel 2022
While the KfW Municipal Panel 2022 retraces the effects of the coronavirus crisis and the flood disasters of 2021, the next challenges for municipalities from the impact of the Ukraine war are already foreseeable. Growing investment needs have increased the investment backlog amid significantly higher construction prices. At the same time, the budget position of many municipalities has not seen a durable recovery despite an improved overall situation. It is again becoming clear that municipal finances are not resilient enough for municipalities, communities and rural districts to meet the challenges they face without major disruptions even in times of crisis.