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Budget: Wifo Misses Future Investments
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The Austrian Institute of Economic Research (Wifo) commented the government´s draft of the budget. There is still a lack in active fiscal policy, Wifo states.
Budget: Wifo Misses Future Investments / Picture: © Vindobona.org
For Wifo, the budget draft does not contain a proactive policy. Important future investments could be supported more, Wifo says. The government could have underlined its commitment to areas like education, research, universities and childcare facilities.
Besides that, the taxation system does not contain enough employment and growth-effective instruments, the institute argues.…
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