While at the start of the health crisis local elected officials feared the worst, local finances showed
“remarkable solidity and resilience”
in 2021, according to Agence France locale (AFL), the bank for local authorities. .
In its annual barometer on the financial health of municipalities, departments and regions published Thursday, the institution assigns them an average score of 2.88 out of 7 -
"the best"
since 2014 - with regard to their solvency, their indebtedness and their budgetary leeway.
To discover
Find all the results of the legislative elections
Taxes 2022: all about your tax return
No offense to certain elected officials, the massive support from the State during the pandemic as well as the recovery plan have largely contributed to this improvement, creating
“a very favorable context for local budgets”,
specifies the AFL.
The spectacular rebound in the economy has also worked in favor of the territories by enabling a significant increase in financial income.
Read also
Over-indebtedness: the finances of the capital in the hot seat
After a significant deterioration in 2020, the financial situation of the regions has improved without…
This article is for subscribers only.
You have 67% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
I ENJOY IT
Already subscribed?
Login
/cloudfront-eu-central-1.images.arcpublishing.com/prisa/X33WQ3GSYFF3DBKJDAVIGHN3DA.jpg)
