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SPD: Decision for budget 2024 no longer this year

2023-12-07T14:18:09.299Z

Highlights: SPD: Decision for budget 2024 no longer this year. The traffic light leaders are wrestling with how to plug a 17 billion euro hole in the budget. Originally, the traffic light coalition had planned to pass the budget for the coming year in the Bundestag before Christmas. Now it could come down to the fact that only the budget committee of the bundestag still concludes its deliberations. Once a political agreement has been reached, the Ministry of Finance can authorize the ministries to use a percentage of the funds of the draft budget per month.



Status: 07.12.2023, 15:03 PM

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For days, the leaders of the governing parties have been struggling behind closed doors to find ways out of the billion-dollar hole in the budget. Now it is apparently clear: The decision for the 2024 budget will no longer be made this year. © Kay Nietfeld/dpa

Above all, the SPD and the Greens actually wanted it at all costs. Now the Chancellor's parliamentary group has to admit: From its point of view, the 2024 budget cannot pass the Bundestag before the end of the year.

Berlin - From the point of view of the SPD parliamentary group leadership, the federal budget for the coming year can no longer be passed before the end of the year. "Although we have done everything we can to achieve this, the budget for 2024 can no longer be adopted in time this year," wrote the parliamentary secretary of the largest coalition group, Katja Mast, on Thursday in a text message to her parliamentary group, which is available to the German Press Agency. The Bild newspaper had first reported.

Chancellor Olaf Scholz (SPD), Vice Chancellor Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP) have still not agreed on a solution to the budget crisis, Mast wrote. However, Scholz is "confident that a result can be achieved in the coming days".

The traffic light leaders are wrestling with how to plug a 17 billion euro hole in the budget. It arose, among other things, as a result of the budget ruling of the Federal Constitutional Court. Germany's highest court had declared a budget reallocation null and void. As a result, not only is 60 billion euros missing, which were planned over four years for climate protection projects and the modernization of the economy. The judge's ruling also had an impact on various loan-financed special pots.

Originally, the traffic light coalition had planned to pass the budget for the coming year in the Bundestag before Christmas. Now it could come down to the fact that only the budget committee of the Bundestag still concludes its deliberations. Once a political agreement has been reached, he is expected to ask experts again about the proposals. Then the so-called adjustment meeting, with which the budget is basically fixed, would have to be concluded. In January, the Bundestag could then convene for budget week and then the Bundesrat could discuss the budget.

Until then, the so-called provisional budget management would apply. Then, for the time being, only expenses that are necessary to maintain administration and meet legal obligations will be possible. In practice, however, the Ministry of Finance can authorize the ministries to use a percentage of the funds of the draft budget that has not yet been adopted per month. This procedure has already been practiced in the Federal Government, as it usually takes effect even after a Bundestag election, when the new government is unable to draw up its own budget in the short time between the formation of a coalition and the turn of the year. Dpa

Source: merkur

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