Cities need alternative financing solutions to carry them into a just future
19 May 2021 - 15:19
Despite the widespread effect of Covid-19 and an unstable and difficult macroeconomic environment on municipal finances, city revenues have grown an average 5.7% annually, above operating expenditure growth of 5.5%, while the average annual increase in operating surpluses was 4.2%.
This is according to the SA Cities Network’s 2020 State of Cities Finance Report...
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