Production of 200 euro notes Image: AFP
The Bundestag’s budget committee will begin its final discussions on the federal budget for 2024 on Thursday morning. The so-called adjustment meeting will focus on the final changes to the government’s draft budget.
The Bundestag Budget Committee will begin its final discussions on the federal budget for 2024 on Thursday morning (10:00 a.m.). The so-called adjustment meeting is about final changes to the budget draft, which is due to be finally passed in parliament by the beginning of February. This was actually planned for the end of November. Due to the Federal Constitutional Court’s budget ruling, the traffic light government had to put parts of the budget on a new basis and close a financing gap worth billions.
Part of these changes are the controversial subsidy cuts for agriculture, but also cuts in development aid, for example. In order to improve revenue, the CO2 price was increased more than planned at the beginning of the year. The budget committee’s deliberations are likely to last late into the night. The parliamentary groups want to present the results in several press conferences on Friday.
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