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Public Finances

The Ministry analyses economic trends and government finances, and has lead responsibility within the government in planning and preparing the federal government’s budget.

The cabinet makes social cohesion and modernisation priorities

On 20 March 2019, the fed­er­al cab­i­net adopt­ed the bench­mark fig­ures for the 2020 fed­er­al bud­get and the fi­nan­cial plan to 2023. The gov­ern­ment is plan­ning record-lev­el in­vest­ments, the biggest tax cuts in over 10 years as well as com­pre­hen­sive mea­sures to boost so­cial co­he­sion, en­sur­ing that ev­ery­one in the coun­try ben­e­fits from Ger­many’s eco­nom­ic suc­cess.

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Public Finances German Stability Programme - 2019

On 17 April 2019, the fed­er­al cab­i­net adopt­ed the Ger­man Sta­bil­i­ty Pro­gramme for 2019. The pro­gramme shows that the avail­able fi­nan­cial lee­way will be used to fur­ther in­crease pub­lic in­vest­ment in in­fras­truc­ture, ed­u­ca­tion and re­search. Last year, gov­ern­ment in­vest­ment in­creased to a record lev­el of €78.9bn.

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Climate Action

On 9 Oc­to­ber 2019, the Ger­man fed­er­al cab­i­net ap­proved the fed­er­al gov­ern­ment’s Cli­mate Ac­tion Pro­gramme 2030, which rep­re­sents a step to­wards im­ple­ment­ing the Cli­mate Ac­tion Plan 2050. The aim is to en­sure that Ger­many meets its cli­mate pol­i­cy tar­gets. The ex­ten­sive pro­gramme in­cludes mea­sures for all sec­tors. Progress will be re­viewed on an on­go­ing ba­sis. The Fi­nance Min­istry is re­spon­si­ble for fi­nanc­ing the pro­gramme as well as for var­i­ous fis­cal mea­sures.

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Federal Budget Code

Work­ing trans­la­tion of the Fed­er­al Bud­get Code (Bun­de­shalt­sor­d­nung), the leg­is­la­tion which con­tains the core pro­vi­sion’s con­cern­ing the Fed­er­a­tion’s bud­get law.

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