Concerns are rising about the future of public funding, particularly for kindergartens, as the Green opposition warns of potential tax revenue declines. Finance Minister Lorz is preparing to unveil the 2022 annual report, which will shed light on the demanding 2025 budget.
The state parliament has already approved a supplementary budget for 2022, entailing 2.8 billion euros in new debt and substantial expenditures totaling 39 billion euros, alongside efforts to bolster the state bank. The outlook suggests that the economic landscape may not substantially improve by 2025, presenting significant fiscal challenges ahead.
The era of abundant resources appears to be waning, necessitating careful financial planning and management.
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