Funds Allocation Plan

In the realm of financial planning, the focus is currently on the budget development for 2024 and 2025. This crucial process is being carefully considered, with several key topics under discussion.

One such topic is the European Semester 2022, which includes an overview of the implementation status of the Recovery and Resilience Facility. The European Commission is expected to transmit the Spring Package, a significant transmission containing fiscal policy guidelines proposed by the EC, in June 2024. This package will also include country-specific reference paths for permissible expenditure growth.

The National Reform Programme 2023 is another topic of interest in these budget discussions. This programme analyses the measures taken to implement country-specific recommendations. The analysis covers the overall state budget development until 2026 according to the Austrian Stability Programme 2023.

The European Semester 2024, along with the EU Fiscal Rules, is a significant topic in these discussions. New EU fiscal rules, prioritizing expenditure growth in fiscal rule monitoring, will apply as of April 30, 2024. These rules will be reflected in the reference paths for permissible expenditure growth transmitted by the European Commission in June 2024.

The Budget Service plays a pivotal role in these discussions, responsible for analyzing the annual budget, the federal financial framework, long-term budget forecasts, and all submissions within the European Semester. They also provide valuable information on the current budget situation and the challenges for budget planning from 2025 onwards.

The European Semester 2022 process is being discussed, including the implementation status of recovery and resilience plans. This process is significant in the current budget discussions, alongside the EU Fiscal Rules and the European Semester 2024.

The Austrian Stability Programme 2022 to 2026 is mentioned in the context of budget development. This programme will undoubtedly impact budget planning from 2024 onwards, along with the Spring Package and the country-specific reference paths.

In conclusion, the budget development for 2024 and beyond is a complex process, involving numerous factors and discussions. The European Semester 2022, the European Semester 2024, the EU Fiscal Rules, the National Reform Programme 2023, and the Austrian Stability Programme 2023 are all key elements in this process, shaping the financial future of the country.