The temptation of it doesn’t matter Nachrichten.at

2023-12-07 03:30:04

The federal government will incur around 21 billion euros in new debt in the coming year – with total expenditure of 123.5 billion euros. This means that 17 percent of the federal government’s planned expenditure for 2024 is not covered by revenue. Seen this way, one might say that the approximately 200 million euros in new debt is almost negligible given the total expenditure of 8.6 billion euros that the state has in its budget. But you shouldn’t. It would be the “it doesn’t matter” policy

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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