Strengthening Fiscal Resilience in Local Government
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Strengthening Fiscal Resilience in Local Government
The COVID-19 pandemic presented unprecedented fiscal challenges to local governments, transforming budgeting into a complex problem for adept problem-solvers.1 Municipal leaders were tasked with addressing increased demands for public services amid substantial revenue losses, all while striving to maintain balanced budgets. The pandemic disrupted traditional revenue streams, heightened healthcare and social service needs, and imposed new financi…
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