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2023-11-23 - Budget 2024-2027

The 2024-2027 budget clearly shows the medium to long-term challenges facing our society: demographic change (pensions, health and care), security and dealing with climate change. Financing costs will double from 0.9% to 2.0% of GDP between 2022 and 2027.

These challenges, the investments in the future of Austria as a business location and the relief measures are therefore also reflected in the 2024 to 2027 budget path.

The federal deficit amounts to €20.9 billion in 2024 and will fall to €16.9 billion by 2027. Despite the budgetary burdens, the general government Maastricht deficit will remain below 3.0% of GDP from 2024 to 2027. The public debt ratio will remain stable or decline to below 77% of GDP by the end of the planning period in 2027