As of: February 20, 2024, 3:13 p.m
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Heike Taubert (SPD), Finance Minister of Thuringia, sits in the plenary hall during a state parliament meeting.
© Bodo Schackow/dpa/archive image
Thuringia used less money in 2023 than expected.
This leaves more in the country's savings stockpile.
The Free State will probably not have to take on any new debt next year either.
Erfurt - Thuringia has come through the economically difficult year 2023 better than expected, according to Finance Minister Heike Taubert (SPD).
The bottom line is that the Free State spent 323 million euros less than planned.
The state's financial reserves could thus be preserved, said Taubert on Tuesday after the cabinet meeting in Erfurt.
Instead of the planned 752 million euros, only 429 million euros were taken from the state's financial reserves.
According to her, Thuringia currently has around 1.3 billion euros on hand.
However, around 780 million euros of this are firmly planned to finance this year's budget.
The problem is that Thuringia is currently unable to set up budgets without dipping into reserves.
“In order to remain able to act and remain well-positioned in the future, the Free State must examine expenditure for necessity and set priorities.”
According to Taubert, the red-red-green minority government wants to draw up a draft budget for 2025 before the state elections in September, but it will only be revised by the new government and introduced into the state parliament.
According to their forecast, Thuringia will go into the coming year with a reserve of around 750 million euros - including the then dissolved Corona aid fund.
The Free State will also manage without new debt in 2025, said the minister.
dpa