monthly_report_download April 2019 monthly report
The April edition of the monthly report takes a look at the Tax Act Relating to Brexit which entered into force on 29 March 2019. With the law, the Finance Ministry has taken measures at an early stage to prepare for all conceivable Brexit scenarios. Another article with an international dimension concerns the simplified tax assessment procedure for pensioners living outside Germany who receive …
monthly_report_download March 2019 monthly report
The March edition of the monthly report takes stock of the first three years of the Asian Infrastructure Investment Bank (AIIB) being in operation. These years have seen the world’s newest multilateral bank reach important milestones in its development. This edition of the monthly report also asks whether the regulatory measures implemented since the global financial crisis have made the …
monthly_report_download February 2019 monthly report
In addition to key figures on economic and fiscal conditions in Germany, the February issue of the monthly report contains an article on the German government’s Annual Economic Report. Entitled “Strengthening the social market economy – leveraging potential for growth, boosting competitiveness”, the report was adopted by the federal cabinet on 30 January 2019. The February monthly report …
Public Finances Financial Times interview with Olaf Scholz
In an interview with the Financial Times, German finance minister and vice chancellor Olaf Scholz speaks about current issues. Focusing on the federal budget, he also outlines the prospects for Brexit. He emphasises the importance of a balanced budget without new debt whilst taking account of the need for “social cohesion” and the importance of the welfare state.
monthly_report_download January 2019 monthly report
The first issue of the monthly report in 2019 focuses on the provisional closure of the federal budget for 2018. All the key figures can be found (in English) in the press release and the charts that come with it. This issue also examines the potential impact, in terms of customs provisions, of a no-deal Brexit – a possibility for which the German government and customs administration are making …
monthly_report_download December 2018 monthly report
The last monthly report of 2018 looks back on ten years of “Partnership Deutschland” (PD), the only public consulting company that operates Germany-wide and at all levels of government. PD advises the public sector on projects for innovative, sustainable infrastructure and for the modernisation of administrative processes. The December issue also reports on an interdisciplinary conference on the …
monthly_report_download November 2018 monthly report
The monthly report includes interesting articles on topics within the Finance Ministry’s remit, a selection of which are translated into English each month. The November edition features an overview of KfW Capital, the new KfW Banking Group subsidiary. Its investments in venture capital funds will benefit young, innovative companies across all sectors.
On 6 July 2018, Germany’s federal cabinet adopted the government draft for the 2019 federal budget and the financial plan to 2022. The budget and financial plan reflect a fiscal policy that is forward-looking, fair and responsible: The German government is giving a major boost to investment in the country’s future, adopting an extensive range of measures to enhance social equity, safeguarding …