Finance Minister Scholz First debt repayment in 2023?

Status: 06/17/2020 8:54 p.m..

In 2023, the first national debts from the Corona crisis are to be paid back – Finance Minister Scholz expressed hope in the daily topics. He said nothing about possible ambitions for the chancellorship.

Federal Finance Minister Olaf Scholz hopes that the German economy will reach the level it was before the Corona crisis by early 2022. The current measures are intended to make a significant contribution to ensuring that the economic dip will look more like a V instead of a U, said Scholz in the daily topics. From 2023, the federal government could then begin to reduce the debt it is taking on for the stimulus package and the aid programs.

They thought carefully about which measures were necessary and proceeded with a sense of proportion in order to promote decisive future projects such as all-day offers in day nurseries, daycare centers and schools as well as digitization, artificial intelligence and the hydrogen economy. Other sectors such as the steel, automotive and chemical industries would also benefit from this, said Scholz.

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New assessment in autumn 2021.

The federal budget for 2022 is not to be drawn up before the summer break of the previous year, http://main-news.space/halloween-homeparty/ as usual, but only in the autumn after a further tax estimate, “so that we can calculate everything precisely,” said Scholz. This should prevent that “we do not suddenly have to save and cut things that are important for coexistence, solidarity or the future of our society”.

Scholz did not want to comment on possible ambitions for a candidate for chancellor in the daily topics: “I have to deal with a very serious crisis. I am Federal Minister of Finance, and I want to do well.”

The daily topics will report on this topic on June 17, 2020 at 10:15 p.m..

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