Berlin, Germany – The German government has approved a budget plan for 2025, with a total of 503 billion euros in planned expenditures and 421.2 billion euros in projected revenues. The budget plan, presented by Finance Minister Lars Klingbeil, includes a significant increase in investments in infrastructure, climate protection and defense.
For 2025, the government plans to issue new debt of 81.8 billion euros, with an additional 61.3 billion euros coming from the special funds for infrastructure and climate neutrality, as well as the special fund for the German military. The budget plan also includes a significant increase in investments in the rail infrastructure, with 22 billion euros allocated for this year and over 100 billion euros planned for the next five years.
The government has also committed to increasing the defense budget, with a planned increase of over 100 million euros per year, aiming to reach a NATO target of 3.5 percent of the country’s GDP by 2029. The budget plan also includes a significant increase in support for the Ukraine, with 8.3 billion euros allocated for 2025.
In a press conference, Klingbeil emphasized the importance of investing in the country’s future, citing the need for modern infrastructure, a strong defense and a competitive economy. He also highlighted the government’s commitment to reducing the country’s debt and increasing its creditworthiness.
The budget plan is part of the government’s efforts to implement a 500 billion euro investment package for infrastructure and climate protection, which was announced earlier this year. The package is expected to have a significant impact on the country’s economy and infrastructure and the government is committed to implementing it in a responsible and sustainable manner.