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Finance Minister: Budget on the home straight as planned

Finance Minister: Budget on the home straight as planned
Saxony plans to cut almost 9,000 jobs by 2040 due to retirement. (Archive image) / Photo: Sebastian Münster/dpa
From: DieSachsen News
A financial shortfall of 2.3 billion euros is forcing Saxony to take action: New debts and fewer civil servants should ease the situation. According to the Minister of Finance, the consultations are on schedule.

Saxony's Finance Minister Christian Piwarz (CDU) is confident that the double budget can be adopted as planned at the beginning of July. Following a further closed meeting of the state government, Piwarz confirmed that the government is "on schedule to adopt the government draft before the summer break".

"We have completed the closed meeting well and successfully. At the budget retreat, the total funds available were allocated to the individual plans, which will be finalized by the departments over the next few weeks according to their respective priorities," said the Finance Minister. At the beginning of July, the draft of the double budget should then be adopted and sent to the state parliament.

Saxony's state government had already agreed to cut more than 8,700 jobs among state employees by 2040 in order to improve the state's financial situation. There are to be no redundancies. The reduction is to be achieved through retirement alone.

The number of jobs is to fall to around 80,000 by 2040. The background to this is a financial shortfall of currently around 2.3 billion euros for the next two years as well as rising expenditure and decreasing room for maneuver in the coming years. In addition, the state government is planning new debt of 1.4 billion euros over the next two years

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