Finances - Parliament adopts 2024 state budget
The state parliament of Saxony-Anhalt approved the 2024 state budget on Thursday. Expenditure of more than 14 billion euros is planned. Personnel expenditure is the largest block at around 4.5 billion euros. During the debate in parliament, the opposition criticized a controversial instrument known as global underspending. More expenditure than revenue is budgeted. The more than 430 million euro difference corresponds to around three percent of the total budget volume and is to be saved in current operations - how exactly is not defined. In recent years, it has become apparent that not all positions could be filled and not all investment funds could be spent.
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The household budgets of many Saxony-Anhalt residents could potentially be affected by the decisions made in the state parliament's adoption of the 2024 national budget. The financial management of the state is closely interconnected with the country's national budget, which includes the state budget.
Source: www.stern.de
