Big expenditure growth in 2020 state budget

Big expenditure growth in 2020 state budget
The government has submitted its 2020 budget proposal to the finance committee
Finance minister Jørgen Niclasen
 
16.12.2019 - 18:01

Public expenditures will increase by DKK 134 million next year.

The increased spending will predominantly be spread over three ministries.

The appropriation for the Ministry of Social affairs has been increased by DKK 65, with a large chunk of this amount earmarked for funding the increased basic amount for old age pensioners.

 >> SEE ALSO Concerns over delayed budget proposal

Health services will receive an additional DKK 40 million, most of which will be spent on the current expansion of the National Hospital.

Expenditures for the Ministry of Culture will increase by DKK 15 million. Next year’s estimated state revenue increase is DKK 186.5 million.

 

Translated by prosa.fo

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