The CDU-SPD minority government will hold a first round of internal discussions on the 2027/2028 double budget this Sunday and Monday in Hartenstein (Zwickau district). There will be no decisions like at a benchmark meeting, government spokesman Ralph Schreiber clarified after the cabinet meeting in Dresden. That would only be the next point. The first task would be to deal with economic developments, forecasts and current tax estimates.
Finance Minister urges budget consolidation
The Saxon state parliament had only adopted the double budget for 2025/2026 at the end of June. It provides for expenditure totaling around 50.2 billion euros. In order to compensate for a funding gap of four billion euros, the government also resorted to the red pencil. Finance Minister Christian Piwarz (CDU) spoke of a "transitional budget". It would buy time to tackle the necessary consolidation. The overall situation for the next budget could be even more difficult, he announced.
In order to get the budget through the state parliament, the CDU-SPD minority coalition had to rely on votes from the opposition. Agreement was reached with the Greens and the Left Party. This is now also likely to play a role in the preparation of the new double budget.
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