Kommuninvest publishes its new report on the development of local government borrowing. Swedish local governments faces a new period of large-scale and wide-ranging welfare investment, similar to the Swedish record years of 1965–1975. Kommuninvest expects local government debt to double from SEK 500 billion to over 1,000 billion by 2024, equivalent to a rise from 13 to 17 percent of GDP.
For further information, please contact Björn Bergstrand, Senior Investor Relations Manager/Head of Media Relations, mobile: +46 708 86 94 76, email: bjorn.bergstrand@kommuninvest.se