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Lindner announces savings in the areas of social welfare and climate financing

Federal Finance Minister Christian Lindner (FDP) has announced savings in areas such as social affairs and international climate financing in order to close the gaps in the budget for 2024. "We will have to deal with three major cost blocks," the FDP leader told the Funke Mediengruppe...

Federal Minister of Finance Christian Lindner (FDP).aussiedlerbote.de
Federal Minister of Finance Christian Lindner (FDP).aussiedlerbote.de

Lindner announces savings in the areas of social welfare and climate financing

For example, the aim is to get people into work more quickly - and thus reduce social spending for the state. "For example, a job turbo is coming for refugees from Ukraine," said Lindner.

The Finance Minister also announced a review of the regulations on the citizen's income: The inflation rate is currently developing much better than was forecast when the standard rate was set for 2024, he said. "In the upcoming review of the gap between wages and social benefits, we will therefore have to look at the adjustment procedure. Because it must always make a noticeable difference whether someone is working or not," Lindner emphasized.

The Minister named international aid as the second area where savings could be made: Germany is at the forefront of development cooperation and international climate financing. "We can happily stay in first place. But perhaps the gap to second place can be reduced," the FDP politician told Funke Medien. The goal is a "fairer international burden-sharing".

Lindner also sees potential for savings in state subsidy programs. "There are numerous subsidies that need to be questioned as to whether they are actually fulfilling their objectives or have not fallen out of time," he said. It is still too early to name individual programs. This would "otherwise lead to a run on subsidy programs on their last legs".

According to Lindner, however, there will be no cuts in the area of defense. "The defense budget will remain untouched," he assured.

In mid-November, the Federal Constitutional Court declared the increase in the Climate and Transformation Fund ( KTF) through unused loans from the coronavirus pandemic inadmissible following a lawsuit by the CDU/CSU. This plunged the traffic light government into a budget crisis.

The federal government now wants to declare an emergency for 2023 and suspend the debt brake for the fourth time in a row. Next year, FDP leader Linder wants to comply with the debt brake again. However, the coalition partners SPD and Greens are calling for it to be suspended again in 2024.

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Source: www.stern.de

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