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Public Finances

The Ministry analyses economic trends and government finances, and has lead responsibility within the government in planning and preparing the federal government’s budget.

Circular chart 2020

The cab­i­net makes so­cial co­he­sion and mod­erni­sa­tion pri­or­i­ties

On 20 March 2019, the federal cabinet adopted the benchmark figures for the 2020 federal budget and the financial plan to 2023. The government is planning record-level investments, the biggest tax cuts in over 10 years as well as comprehensive measures to boost social cohesion, ensuring that everyone in the country benefits from Germany’s economic success.

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  • Cover: German stability Programme 2019

    Ger­man Sta­bil­i­ty Pro­gramme - 2019

    On 17 April 2019, the federal cabinet adopted the German Stability Programme for 2019. The programme shows that the available financial leeway will be used to further increase public investment in infrastructure, education and research. Last year, government investment increased to a record level of €78.9bn.

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  • Globe

    Climate Action

    On 9 October 2019, the German federal cabinet approved the federal government’s Climate Action Programme 2030, which represents a step towards implementing the Climate Action Plan 2050. The aim is to ensure that Germany meets its climate policy targets. The extensive programme includes measures for all sectors. Progress will be reviewed on an ongoing basis. The Finance Ministry is responsible for financing the programme as well as for various fiscal measures.

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  • Federal Budget Code

    Fed­er­al Bud­get Code

    Working translation of the Federal Budget Code (Bundeshaltsordnung), the legislation which contains the core provision’s concerning the Federation’s budget law.

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17 March 2020

A pro­tec­tive shield for em­ploy­ees and com­pa­nies

On 13 March 2020, Germany’s Finance Ministry and Economic Affairs Ministry jointly unveiled an assistance programme and tax policy measures totalling billions of euros. The two ministries agreed on an extensive package of measures to protect jobs and to protect businesses of all sizes in all sectors. The aim is to ensure that Germany’s health care system and economy are financially equipped to manage the epidemic.

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11 March 2019

Key points of the 2019 An­nu­al Eco­nom­ic Re­port

This year’s Annual Economic Report was adopted by the federal cabinet on 30 January 2019. The German economy is experiencing growth for the tenth year in a row. The German government’s economic and fiscal policies are still guided by the tenets of the social market economy. This article summarises the key points of the 2019 Annual Economic Report.

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Trading chart on digital display

8 February 2019

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.

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Portait of Olaf Scholz
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