Bundesrechnungshof scrutinizes the 2022 federal budget
First, the 2022 draft budget covered expenditure of €457.6 billion. Then, various supplements were added. The total expenditure amounts to €495.8 billion now - €138.9 billion of this amount are to be financed by new debts. After the substantially increased budgets of the years 2020 and 2021 due to the COVID-19 pandemic, this is again a very large amount.
As in previous years, the Bundesrechnungshof scrutinizes all areas of the federal budget, called departmental budgets by experts: How much expenditure is budgeted for the individual government departments by the federal government? How have expenditure and revenue developed? Where is the main focus? How much staff do the individual departmental budgets comprise? Which funding gaps and risks are emerging? All these questions are thoroughly addressed by the Bundesrechnungshof in its departmental budget analyses.
Bundesrechnungshof provides advice in good time
The Bundesrechnungshof’s advisory work in the annual budget cycle starts in good time: already at the beginning of the parliamentary debate, we address our departmental budget analyses to the parliamentary Budget Committee. “That way, we can give valuable impetus to the parliamentary deliberation of the departmental budgets over and over again and we can help avoid too much spending” says Kay Scheller, the President of the Bundesrechnungshof.
Composition of expenditure is not homogeneous
The expenditure amounts shown in the departmental budgets vary considerably. From €12.4 million in departmental budget 22 (Independent Supervisory Council) to €160.1 billion in departmental budget 11 (Labour and Social Affairs). Due to its audit work, the Bundesrechnungshof has acquired detailed knowledge of all departmental budgets. The analyses of the departmental budgets provide a lot of information for the MPs which is important for their budget deliberations.
Again new borrowing in the 2022 federal budget
€138.9 billion of the total expenditure of €495.8 billion are to be financed by new debts in the 2022 federal budget. After the high new borrowings due to the coronavirus pandemic in FY 2020 and FY 2021, the federal government incurs again a high debt burden to fund all expenditure.
In addition to the new debts arising from the ordinary budget, the federal government will face other burdens. At present, nobody knows the extent of these new financial burdens. “That is why it is even more important that we examine thoroughly how the federal government spends the taxpayer’s money. The citizens can rely on that” promises Kay Scheller, the President of the Bundesrechnungshof.