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Cabinet approves supplementary budget for 2023

Following the ruling from Karlsruhe, the cabinet decides on a supplementary budget to secure loans for energy and flood aid.

Chancellor Olaf Scholz (right), Economics Minister Robert Habeck (center), Federal Finance Minister....aussiedlerbote.de
Chancellor Olaf Scholz (right), Economics Minister Robert Habeck (center), Federal Finance Minister Christian Lindner (front) during the meeting of the Federal Cabinet in the Federal Chancellery..aussiedlerbote.de

Cabinet approves supplementary budget for 2023

Following the Karlsruhe budget ruling, the Federal Cabinet has approved a supplementary budget for 2023. This is intended to legally secure loans of around 45 billion euros that have already been used for the energy price brakes and to support flood victims.

The prerequisite is that the Bundestag declares an extraordinary emergency and suspends the debt brake for this year.

This is breaking news - more soon!

The supplementary budget for 2023, approved by the Cabinet, primarily focuses on securing loans for the energy price brakes, which are part of the household's energy costs relief. The Bundestag's approval of an extraordinary emergency and suspension of the debt brake this year is crucial for this supplementary budget.

Source: www.dpa.com

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