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The German Federal Ministry of Finance approved an additional expenditure of up to 3.2 billion euros for the citizens' income on November 8, 2024. This extraordinary funding addresses a shortfall in the allocated budget as revealed by the Ministry for Labor and Social Affairs. The allocated amount for the citizens' income had, in fact, been exhausted as of November 7, 2024.
The Budget Committee of the Bundestag will not be holding further discussions this week regarding the draft for the federal budget of 2025. The debates scheduled for Thursday, concerning individual items of the Federal Ministry of Labor and Social Affairs, as well as the Ministry of Defense, have been postponed for next week.
The Budget Committee has approved the preliminary 2025 federal budget for the Ministry of Housing, Urban Development, and Construction, introducing initial changes. This pivotal decision arose amid discussions of housing assistance programs, construction goals, and funding distribution for climate-friendly building initiatives...
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