The presidents of the federal and state audit offices have spoken out in favor of compliance with the debt brake.
At the end of their autumn meeting in Berlin on Wednesday, they passed a “Berlin Declaration” which states that the debt brake remains an essential contribution to a sustainable budget policy and must not be weakened.
Berlin - Budget and financial policy must instead focus more on consolidation.
“We don't want a debt brake light,” said the President of the Berlin Court of Auditors and host of the autumn conference, Karin Klingen.
"It was important for us to send a signal for compliance with the debt brake after the high level of debt taken in the pandemic and before the political decisions in the coalition negotiations," Klingen continued.
The “Berlin Declaration” states that bypassing the debt brake by outsourcing the loans from the core budgets to funds or secondary budgets, for example, should be avoided.
Klingen contradicted the criticism that the debt brake hampers investments.
It is important to set future-oriented priorities in the budget.
"You can't finance everything."
She also announced that the audit offices were keeping an eye on how the federal and state governments dealt with the emergency loans taken out during the pandemic.
"The debts may only be spent to combat the emergency." The audit offices want to pay attention to this in their audits.
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dpa
