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Annual Report 2017

Präsident Kay Scheller

Maintaining a sustainable federal budget position

Creating financial leeway - review tax relief schemes

 ”Chances have rarely been better than today to maintain a sustainable federal  budget position” said Kay Scheller, the German SAI’s President when presenting the 2017 annual report to the public in Berlin on December 2017. “A sound and sustainable budget position makes the budget less vulnerable to economic cycles. To provide the necessary leeway, tax expenditures and tax rebate schemes need to be reviewed as part of consolidating the budget. Such leeway is needed for the government to face its huge financial challenges lying ahead. 

 

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