Federal government launches supplementary budget

(GermanPolicy.com) – The Federal Government on Wednesday cleared the way for a supplementary budget, which is to apply in the current financial year and which will serve to guarantee energy relief, company aid, and the care of Ukrainian refugees in Germany. For the said budget, 39.2 billion Euros in debt are to be incurred. Debts of 99.7 billion Euros had already been approved for the core budget. Both households taken together comprise 139 billion Euros in loans. The debt brake enshrined in the Basic Law must be suspended to render the supplements possible. In addition to the supplementary budget, there should be a special fund for the Bundeswehr which is independent of the amount of new debt.

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