BERLIN (Reuters) – German Finance Minister Christian Lindner will present a draft budget for 2022 to the cabinet on Wednesday but will later introduce supplementary fiscal plans to reflect the impact of the war in Ukraine on the economy, ministry sources said.
The draft budget for 2022 that Lindner will present envisages net new debt of 99.7 billion euros ($109.4 billion) in the core budget, plus 100 billion in credit authorisations for a planned special fund for the military, they said on Monday.
The plan also sees net new debt falling to 7.5 billion in 2023, before rising to 13.7 billion in 2026, the ministry sources said.
($1 = 0.9116 euros)
(Reporting by Holger Hansen and Paul Carrel)
