Austria Presents Financial Budget for 2022

PeoplePoliticians ♦ Published: October 14, 2021; 13:18 ♦ (Vindobona)

Austrian Finance Minister Gernot Blümel presented Austria's draft financial budget for 2022 to the Austrian Parliament in the form of the annual budget speech. The plan includes tax reforms, budget increases for various ministries, estimates regarding the COViD-19 crisis, and more. Read some of the specific provisions in the budget outlined by the finance minister.

Austrian Finance Minister Blümel (left) presenting the 2022 draft budget to parliament. / Picture: © Bundeskanzleramt (BKA) / Andy Wenzel

Austrian Finance Minister Gernot Blümel presented the draft budget for 2022 in his budget speech to the Austrian National Council.

The draft budget for 2022 envisages a deficit of € 12.6 billion. The Ministry of Finance expects revenues of € 86.4 billion and expenditures of € 99.1 billion.

In his speech, Blümel reviewed some of the figures from the past two years and outlined many of the provisions in the budget for next year. …