Finance Minister Christian Lindner at the cabinet meeting on Wednesday.
Image: Reuters
Despite the dispute over parental allowance, basic child security and more: the cabinet has just approved Finance Minister Lindner’s draft budget.
Dhe federal cabinet has approved the government draft for the federal budget for 2024. The German Press Agency learned this from government circles on Wednesday. The federal government had struggled for a long time to draw up the budget. According to the draft, expenditure should drop significantly to 445.7 billion euros. After the crisis-related additional spending in previous years due to the corona pandemic and the energy price crisis, an austerity course is now to be embarked on. The new debt is expected to be 16.6 billion euros in 2024. This is intended to comply with the debt brake enshrined in the Basic Law.
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