Who will be the new finance minister? Excessive decision awaited!
Who will be the new finance minister? Excessive decision awaited!
In a meaningful government program of 210 pages that outlines the future tax and financial policy of Austria, numerous measures were presented that concern the tax relief of citizens and investments in education and infrastructure. These tense details were highlighted by the future government under the leadership of Andreas Schieder, an experienced financial politician and formerly State Secretary in the Ministry of Finance. For Schieder, who wants to profile himself as finance minister, it will be crucial to use the tight resources efficiently. The urgency of this task is also supported by Beate Meinl-Reisinger, which emphasizes that no money can be distributed in the next two years, but has to be saved, krone.at
pension reform and social measures
The focus is on the challenge of pension financing, a topic that is often taboo in Austrian politics. Future -oriented measures to raise the pension age were determined without the budget expenses to skyrocket. According to parlament.gv.at , these approaches were developed to ensure a solid financial policy. Despite the many challenges, there is no lack of ambitious goals, including changes in the social welfare system and long -term efficiency increases in the health sector. The potential for conflict is great, especially since the uncertain financial situation of the next few years all presented measures can only be implemented under considerable restrictions.With Schieder at the top, the government has a political professional who has experience from the 2008 financial crisis. His ability to manage Austria's already stressed resources will be decisive. The careful balance between saving and investing will strongly influence the success of this government. Beate Meinl-Reisinger and her fellow campaigners know too well that failure in the implementation of the plans presented would be outrageous in the current political situation.
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