• Novem­ber 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 Germany’s fiscal policy. The German version of the November monthly report provides additional information on the prosecution of tax offences and tax crimes. It also contains a résumé on Germany’s G20 presidency in the finance track, the IMF Annual Meetings in Washington, D.C. and the Meeting of ASEM Customs Directors-General.

  • Pe­ter Alt­maier ap­point­ed in­ter­im head of Ger­man Fi­nance Min­istry

    Federal Chancellor Angela Merkel has appointed Peter Altmaier, Minister for Special Tasks and Head of the Federal Chancellery, to the helm of the German Ministry of Finance on an interim basis until a successor is named. Minister Altmaier took on this role on 24 October 2017. Former Finance Minister Wolfgang Schäuble had already bid farewell to the ministry’s staff the previous day.

  • 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.

content-related sites

  • g20

    7 December 2017

    Ben­e­fits of in­ter­na­tion­al co­op­er­a­tion

    The outcomes of Germany’s G20 presidency in the finance track demonstrate the benefits of international cooperation in challenging times, writes chief economist Ludger Schuknecht. With a central focus on the resilience of the G20 economies, digitalisation in the financial sector and the Compact with Africa, Germany's G20 presidency made vital contributions towards the improvement of global economic and financial governance.

  • G20

    30 November 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.

  • Monthly report

    20 October 2017

    Oc­to­ber 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 October monthly report comments on the findings of the expert opinion on Germany’s productivity provided by the Kiel Institute for the World Economy and covers the impact of bailout programmes on the competitiveness in Ireland and Portugal.

  • Customs

    18 October 2017

    Meet­ing of ASEM Cus­toms Di­rec­tors-Gen­er­al in Berlin

    The 12th meeting of ASEM Customs Directors-General took place in Berlin on 16/17 October 2017. The meeting brought together the Customs Directors-General from the European and Asian member states of ASEM along with representatives from the European Commission. The World Customs Organization also attended as an observer.

  • Taxation

    29 September 2017

    Com­mon Re­port­ing Stan­dard

    On 30 September 2017, the first automatic exchanges of financial account information will begin between Germany and 49 other countries and jurisdictions using the OECD’s Common Reporting Standard (CRS). The involvement of so many countries and jurisdictions means that over 2,000 bilateral exchange relationships have already been put into place around the world.

  • Europe

    26 September 2017

    Pub­lic Fi­nance Di­a­logue

    On 26 September 2017 renowed international experts from the IMF, European Commission, central banks and research institutes came together with representatives of the German government at the Federal Finance Ministry to discuss the challenges to European integration and the question of how to foster a sound and prosperours Union.

  • Monthly report

    21 September 2017

    Septem­ber 2017 month­ly re­port

    The translated abstract of the Federal Ministry of Finance’s September 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. In addition to that, the September 2017 edition provides additional information on Germany’s application to host the European Banking Authority in Frankfurt. The European Commission plans to publish its assessment of the bids received by the 31 July 2017 deadline on 30 September 2017.

  • 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.

  • 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.

  • Public Finances

    4 July 2017

    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.

  • 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.

  • 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.

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