Klarnachrichten

Less debt for the state

77

The money office gives new numbers. The state spends less extra money this year. People call this a money gap. Experts thought about 4.2 percent. Now it is only 4.1 percent. This is about 21 billion euro.

One reason is the better economy. The trade grows fast. Taxes bring more money. There is no money for gifts. The state must save money.

Markus Marterbauer sees this well. The plan stays stable. Towns save money too. Experts knew this before.

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Definitions

Money gap
When a state spends more money than it gets from taxes.

People

Markus Marterbauer
He is the head of the money office.

Sources

Logo Standard
Standard

Finanzministerium verbessert Defizitprognose leicht

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Logo VOL
VOL

Finanzministerium senkt Defizitprognose auf 4,1 Prozent

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