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Finance Minister Gernot Blümel presents the 2021 budget to Parliament today. We will broadcast the budget speech live from 10 am
Since Georg renner | 5 am, October 14, 2020
Finance Minister Gernot Blümel (ÖVP) will deliver its first speech on the regular budget today starting at 10 am – the financial framework for the current year with Less 20.6 billion euros The change of government and Crown was only decided at the end of May.
The turquoise-green project also foresees a deficit of almost 21 billion euros next year. In his speech in parliament, Blümel will return to address the priorities he had already communicated last week: Therefore, more money than previously allocated should go to transport, environment, digitization, defense and employment (and that is also on the agenda). Update of the economic stimulus package. The tax reform has not yet been included in the price.
The deficit should still be in 2021 more than six percent of economic output lie. At the federal level, spending of € 97 billion will be well above the anticipated revenue of € 76 billion.
The budget is “naturally shaped by the crisis and relief measures,” says Blümel, but the government has set priorities regardless of this.
