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  • Au­gust 2017 month­ly re­port

    The translated abstract of the Federal Ministry of Finance’s August 2017 monthly report contains updated information and tables relating to the federal budget and fiscal policy as well as important events on the fiscal policy calendar. The August 2017 edition also provides an article on the IMF’s Article IV consultation with Germany, which confirmed that the country is in good shape.

  • Fed­er­al bud­get 2018

    On 28 June 2017 the federal cabinet adopted the government draft for the 2018 federal budget and the financial plan to 2021. No new debt is envisaged for any of the years covered by the financial plan. Federal expenditure in the years up to 2021 is set to rise at a moderate pace, from €329.1bn in 2017 to a projected €356.8bn in 2021. In particular, federal spending in forward-looking, growth-enhancing policy areas will be further increased.

    Budget conditions in Germany are good. In each of these years, no new debt was incurred, and we set the right fiscal priorities: on forward-looking investment, education and security. Our country is in good shape.
  • Fed­er­al bud­get spend­ing re­views

    Starting in 2015, the federal government added annual spending reviews to its top-down method of preparing the federal budget. Spending reviews analyse revenues and expenditures in selected policy areas, with the aim of enhancing the content, impact and performance of budgeted programmes. They have become an integral part of the government’s internal process for preparing the federal budget. They are used for the purpose of reassessing priorities and reviewing the effectiveness and efficiency of federally financed measures and programmes. This helps to improve the performance of allocated budget resources.

  • G20 Africa Part­ner­ship

    On 12-13- June 2017 the international conference „G20 Africa Partnership – Investing in a Common Future” took place in Berlin. It brought together many different stakeholders from the G20, African countries, international organisations and investors. A central item on the agenda was the G20 initiative “Compact with Africa” (CwA), which aims at improving framework conditions for private investment in African countries.

    We see the CwA as a long-term, demand-driven process. The African countries will determine what they want to do to improve conditions for private investment, with whom they want to cooperate, and in what form.

content-related sites

  • G20

    22 August 2017

    The German G20 presidency

    On 1 December 2016, Germany assumed the G20 presidency for a period of one year. This website contains information on the organisation and work of the G20, including details on the G20’s fiscal policy agenda, the schedule for the German presidency and key meetings in the Finance Track.

  • Financial markets

    21 August 2017

    Ger­many is in good shape

    The International Monetary Fund (IMF) concluded this year’s Article IV consultation with Germany on 28 June 2017. The IMF’s projections confirm that Germany’s public budgets and economy are in good shape and that the latter is underpinned by prudent economic policies and a well developed social safety net.

  • Financial markets

    31 July 2017

    Germany submits bid for EBA

    The Federal Republic of Germany is submitting a bid to make Frankfurt the next seat of the European Banking Authority. Frankfurt is the most important financial hub in continental Europe and a key centre of financial market stability. It features a unique concentration of European and national supervisory bodies, international banks, insurance companies and law firms that few other cities can provide. Located at the heart of Europe, Frankfurt offers easy access to all EU capitals, a cosmopolitan atmosphere and a high quality of life. Frankfurt looks forward to welcoming the EBA.

  • g20

    26 July 2017

    G20 Africa Part­ner­ship Con­fer­ence, 12-13 June 2017, Berlin

    The G20 conference “G20 Africa Partnership – Investing in a Common Future” has made an important contribution to implementing the G20 Africa Partnership, helping to enhance cooperation between the G20 and African countries.

  • Monthly report

    20 July 2017

    Ju­ly 2017 month­ly re­port

    The translated abstract of the Federal Ministry of Finance’s monthly report contains updated information and tables relating to the federal budget and fiscal policy. The German version of the July monthly report contains reports about the G20 Africa Conference and the second AIIB Annual Meeting, analyses of the challenges of low interest rates and the debate on the reform of the EU budget and presents the new European research network „EconPol Europe“.

  • Monthly report

    22 June 2017

    June 2017 month­ly re­port

    The translated abstract of the Federal Ministry of Finance's monthly report contains updated information and tables relating to the federal budget and fiscal policy. The German version of the June monthly report contains contributions on Brexit, the Financial Intelligence Unit, the results of the May 2017 tax estimate and the G20 Global Classroom, a G20 Finance Track initiative. Learn more about the latest figures in our dedicated publications and taxation sections.

  • g20

    14 June 2017

    Schäu­ble on the CWA

    In an interview with the French daily newspaper Le Monde that first appeared on 14 June 2017 in the newspaper’s print edition German finance minister Schäuble explains why Germany has made Africa a priority of its G20 presidency and outlines the G20 “Compact with Africa” (CWA). Read the translated interview in full and learn more about this G20 initiative.

  • Taxation

    8 June 2017

    BEPS Mul­ti­lat­er­al In­stru­ment

    On 7 June 2017 Finance Minister Schäuble signed the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent BEPS in a joint signing ceremony in Paris. The Multilateral Instrument as the Convention is called in brief was concluded by 100 jurisdictions and is a major step forward in the fight against tax avoidance‎. Read the minister’s statement on this occasion in our dedicated speeches section.

  • G20

    12 June 2017

    In­vest­ing in a com­mon fu­ture

    In the run-up to the major G20 Africa Conference “Investing in a common future” that takes place on 12-13 June 2017 in Berlin, chief economist Ludger Schuknecht outlined Germany’s G20 finance track initiative “Compact with Africa”. The article appeared first on 12 June 2017 in the German daily newspaper Handelsblatt.

  • Europe

    22 May 2017

    Joint press re­lease by Schäu­ble and Le Maire

    Finance Minister Wolfgang Schäuble met with his French counterpart Economy Minister Bruno Le Maire on 22 May 2017 in Berlin only one week after the meeting of Federal Chancellor Angela Merkel and French President Emmanuel Macron. Both ministers agreed that Germany and France have to play a crucial role in strengthening the European Union in these currently challenging times.

  • Monthly report

    22 May 2017

    May 2017 month­ly re­port

    The translated abstract of the Federal Ministry of Finance’s May 2017 monthly report contains updated information on general government tax revenue and tables relating to the federal budget and fiscal policy. Our May edition of the monthly report’s abstract also includes a joint position paper by the Finance Ministry and the Ministry of Economic Affairs on Germany’s current account surplus.

  • Franco-German cooperation

    16 May 2017

    We all wish Macron suc­cess

    In an interview with the German magazine DER SPIEGEL that was first published on 13 May 2017 German finance minister Wolfgang Schäuble expressed his support for the reform plans of the new French president and commented on Macron’s call for Germany to provide more money for Europe. Read the interview in full in our dedicated speeches section.

  • Financial markets

    10 May 2017

    The Ger­man cur­rent ac­count in the con­text of US-Ger­man trade

    Germany’s current account surplus has been garnering criticism for years. Taking on this criticism coming from home and abroad the Ministry of Finance and the Ministry of Economic Affairs published a joint position paper that explains the reasons behind Germany’s current account surplus and outlines the fiscal and economic policy options.

  • G20

    2 May 2017

    In­ter­na­tion­al con­test for stu­dents

    As part of the Global Classroom in the G20 Finance Track, we are inviting school students to enter our contest that will provide the winners with an opportunity to travel to Hamburg, where they can discuss their own ideas and solutions with G20 experts. Learn more about the contest and how to participate on our dedicated website.

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