Ministry of Finance imposes finances freeze on all ministries | EUROtoday

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Ministry of Finance imposes finances freeze on all ministries

Christian Lindner (FDP), Federal Minister of Finance Christian Lindner (FDP), Federal Minister of Finance

Christian Lindner (FDP), Federal Minister of Finance

Quelle: image alliance/photothek/Thomas Trutschel

The federal authorities is extending the finances freeze following the Federal Constitutional Court’s ruling on the local weather fund. The block now applies to virtually the whole federal finances, as may be seen from a letter from the Federal Ministry of Finance.

DThe federal authorities apparently assesses the results of the Federal Constitutional Court’s ruling on the local weather fund as extra severe than beforehand assumed. According to info from the Reuters information company and the information journal “Spiegel”, on Monday the Federal Ministry of Finance prolonged the finances freeze imposed on the Climate and Transformation Fund (KTF) to virtually the whole federal finances for 2023. This emerges from a letter from Budget State Secretary Werner Gatzer, which was obtainable to Reuters within the night. No remark could possibly be obtained from the Ministry of Finance.

“In order to avoid further prior burdens for future financial years, I therefore intend to block with immediate effect all commitment authorizations that were set out in individual plans 04 to 17 and 23 to 60 of the 2023 federal budget and are still available,” the letter says. Gatzer refers to Section 41 of the Federal Budget Code, which regulates a finances freeze.

The particular person budgets of all ministries are affected by the person plans talked about. Individual plan 60 consists of the local weather and transformation fund and the 200 billion euro protection umbrella to curb power costs. According to the listing, constitutional our bodies such because the Federal President, the Bundestag, the Bundesrat and the Federal Constitutional Court are excluded.

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From left: Chancellor Olaf Scholz (SPD), Economics Minister Robert Habeck (Greens), Finance Minister Christian Lindner (FDP)

The Federal Constitutional Court canceled 60 billion euros from the federal authorities final Wednesday as a result of the switch of unused Corona loans to the local weather fund was unconstitutional. The authorities now lacks the cash. There are additionally additional clarifications from the courtroom on the debt brake within the Basic Law and the legality of loans, which may even have penalties for the present 2023 finances and the deliberate 2024 finances. On the day the decision was introduced, Finance Minister Christian Lindner (FDP) ordered a finances freeze just for the local weather fund.

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As a results of the ruling, “the federal budget needs to review the overall financial situation,” writes Gatzer. After the finances freeze, I can at finest maintain out the prospect of a launch of dedication authorizations (…) requested by the ministries in particular particular person circumstances within the occasion of a necessity that can not be denied by way of truth and time. “A particularly strict standard is applied to prove such a need”.

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