The German government of Bavaria approved today, Sunday, a budget project in 2023, with a total value of 71 billion euros, without resorting to new debts.
This information was revealed during a private session of the Bavarian cabinet in Munich; the southern German state house still needs to approve the budget scheme.
Marcus Zoder, the head of the state government, said: “We have set important preparations for the winter as well as for the future of Bavaria,” noting that everything would be paid for without using new, hidden debts, in contrast to the federal government’s Berlin budget, and that it would all be paid for with additional revenues and precautions.
The administration of the Bavarian Christian Social Party and the “Free Voters” party’s draught budget called for investment costs to total 10.
3 billion euros, or $14 billion. In the current budget, this ratio increased from 5% of the entire budget to 16%.
Despite an increase from 38, the budget’s largest source of spending remains the expenses earmarked for staff. 5 percent of the entire 2022–2039 budget. 8% of the budget for 2023.
The allocation of 24 was included in the budget. 6 billion euros, which is 100 million euros less than the budget set for this year.
The 71 billion euro budget project for 2023 is approved by the German state of Bavaria.
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