State Audit Office: 800 million for future-oriented investments!

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The Schleswig-Holstein State Audit Office calls for sensible investments to improve the financial situation.

State Audit Office: 800 million for future-oriented investments!

The Schleswig-Holstein State Audit Office is calling for urgent measures for sensible investments in the state. President Gaby Schäfer emphasizes the need to use additional, loan-financed funds specifically where they are needed most. These investments should not only go beyond the “status quo”, but also contribute to the financial and economic strengthening of Schleswig-Holstein. According to Schäfer, the new credit options, which amount to around 800 million euros per year, must be used particularly for future-oriented projects.

Schäfer emphasizes that these funds must not be used for consumptive purposes. Instead, investments should be a priority to justify the financial burden on future generations. The current budget situation in Schleswig-Holstein is tense, as according to the May tax estimate, tax revenue by 2029 will be over 600 million euros lower than previously forecast. This leads to a funding gap in the budget of around 1.2 billion euros by 2029.

Focus on investments

In addition, it is expected that the easing of the debt brake will provide the country with credit resources of around 800 million euros per year in the future. Gaby Schäfer believes that this should not be used to close existing budget gaps, but rather to specifically promote improvements in the infrastructure. The aim is to stimulate growth for the economy in Schleswig-Holstein.

The federal government's support of around 290 million euros annually gives the state additional leeway. Accordingly, Schleswig-Holstein should use these financial resources to promote investments in new projects and developments. The aim is not only to improve the economic situation, but also to increase the quality of life of citizens.

In summary, the Schleswig-Holstein State Audit Office calls for a well-thought-out financial strategy that prioritizes sustainable investments instead of short-term consumer spending. In order to meet the current challenges, targeted investments are essential to ensure the country's economic stability.

For more information, see reports from NDR and shz.de.