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Wednesday, January 22, 2025

Germany without a budget. We know what else they have money for. Lots of benefits

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Due to early deadlines elections to the German Bundestag Ministry of Finance does not expect the budget for the coming year to be adopted earlier than July next year. This results from the circular regarding the so-called provisional budget that the ministry sent to the highest federal authorities.

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These benefits will be paid. An important decision in six months

Until then, strict rules apply to expenses. The following will continue to be paid: citizen's allowance, pensionfamily allowance and subsidies from existing programs. The same applies to planned construction expenses, for example for railway renovation. However, you cannot initiate new projects.

The draft budget for 2025 must be reconsidered by the future government, the Bundestag and the Bundesrat. If coalition negotiations go smoothly, the Bundesrat may adopt the budget on July 11 next year, according to a circular from the Ministry of Finance. This would be the last session before the summer parliamentary break.

45% to be used. budget. There is calm

Until then, so that ministries do not spend a disproportionate amount of funds, they can only use 45%. the budget planned for 2025 by the failed coalition of Social Democrats (SPD), Greens and Liberals (FDP).

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These calculations are based on the government project approved by the cabinet and adjustments made by the Bundestag budget committee. Government Olaf Scholz recently planned expenditures amounting to almost PLN 490 billion euroover one tenth of which was to be financed on credit.

However, the amount for expenses is not fixed and the Minister of Finance can adjust it at any time. It may also be exceeded in the case of legally justified obligations, and a given ministry and the budget committee may allow further expenditure overruns. In any case, the German state is capable of action, the Ministry of Finance reassures.

The article comes from Deutsche Welle.



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