10 billion euros - in the eyes of the SPD, this is the amount of investment required in Saxony over the next few years. The Social Democrats therefore want to set up a special fund, a so-called "Saxony Fund 2025", as lead candidate and Social Affairs Minister Petra Köpping said in Dresden on Thursday. This is necessary as a long-term investment strategy to give companies and municipalities planning security.
Investing in schools, hospitals and a climate-friendly economy
The money will be used to modernize and renovate schools and hospitals and to promote the climate-neutral modernization of the economy. Investments in care and affordable housing are also planned.
The SPD is seeking a reform of the debt brake as "Plan A" for financing. However, this would require an amendment to the Basic Law and the Saxon constitution. As this is not just around the corner, they have a "Plan B", said Dirk Panter, chairman and finance spokesman for the SPD parliamentary group. This should raise at least five billion euros over the next five years.