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Saarland state parliament to adopt budget

The Saarland state parliament will adopt the state budget for 2024 and 2025 at a special session on Monday (08.00). The double budget provides for expenditure of 5.84 billion euros for 2024 and 5.98 billion euros for 2025. In the current year, the budget volume amounted to 5.4 billion euros.

Special meeting - Saarland state parliament to adopt budget

The Saarland state parliament will adopt the state budget for 2024 and 2025 at a special session on Monday (08.00). The double budget provides for expenditure of 5.84 billion euros for 2024 and 5.98 billion euros for 2025. In the current year, the budget volume amounted to 5.4 billion euros.

An extraordinary emergency situation for the years 2023 and 2024 is also to be declared at the meeting, which will allow a deviation from the debt brake. This should enable access to the country's 3 billion euro transformation fund, which was already created in 2022, in the future.

The budget was originally due to be approved on December 13. Following objections from the opposition CDU, the sole governing SPD agreed to discuss both the emergency situation and the budget again in the Budget Committee. The CDU had originally demanded that the budget decision be postponed until January, citing the ruling of the Federal Constitutional Court on the debt brake, but then agreed to a special meeting this Monday.

Behind this is the federal government's announcement that it wants to use a total of 2.6 billion euros to promote the switch to the future production of "green" steel using hydrogen. Access to the transformation fund is the prerequisite for Saarland being able to raise the 780 million euros of its own contribution to this funding.

Agenda Budget 2024/2025 Emergency situation 2023 Emergency situation 2024

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  1. The CDU, despite initially pushing for a delay until January, agreed to attend the special meeting on Monday to discuss both the emergency situation and the double budget in the Saarland state parliament.
  2. The double budget, which includes expenditure of 5.84 billion euros for 2024 and 5.98 billion euros for 2025, requires the approval of the Saarland state parliament during the special session on Monday to adhere to the planned budget.
  3. Saarland aims to access the national 3 billion euro transformation fund to support the promotion of "green" steel production using hydrogen, which requires approval of the special situation and the budget in the state parliament to secure its 780 million euro contribution.
  4. The federal government announced that it will provide a total of 2.6 billion euros to promote the transition to green steel production, which will take place in Saarbrücken, the regional capital of Saarland.

Source: www.stern.de

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