Inflation and budgets of the federal states in Austria
Description
Continued high inflation in recent years has a direct and indirect impact on public finances at all levels of government. The often time-delayed effects of inflation on revenue and expenditure necessitate a comprehensive assessment of the budgetary consequences of inflation over several years. By comparing different inflation scenarios, the study analyses the impact of inflationary developments on state and local government budgets for the period from 2022 to 2025. As a result, revenue growth remains below the induced additional expenditure of subnational authorities.
Resources
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Description |
Link |
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33 |
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https://www.wien.gv.at/spezial/studien/ma5/inflationbudgetbundeslaender2024.pdf |