Germany expects budget deficit to be at least 14 billion euros in 2024

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German Finance Minister Christian Lindner said the country’s federal budget deficit will rise from 14 billion euros to 18 billion euros in 2024. Rheinische Post.

According to him, in this case the revenues will be 424 billion euros.Lindner noted that if additional expenditures are needed, financing in other areas will have to be cut.

Previously, the Ministry of Finance of the Russian Federation discretion According to a report published on the Ministry’s website, the state budget deficit in the first quarter of 2023 is 2.4 trillion rubles.

According to the report, the preliminary volume of budget expenditures in the January-March period amounted to 8,077 trillion rubles, this figure exceeded the data for the first quarter of last year by 34%.

The Ministry of Finance also noted that the preliminary volume of federal budget revenues for the same period of 2023 is 5,677 trillion rubles, which is 21% less than revenues in the same months of the previous year. The Ministry of Finance announced that the decrease in indicators is related to the decrease in oil and gas revenues.

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