Austria to maintain deficit-free budget to 2023 -chancellor to APA
VIENNA, April 21 (Reuters) - Austria's government plans to
maintain a deficit-free budget until 2023, local news agency APA
quoted Chancellor Sebastian Kurz as saying on Sunday.
Kurz's right-wing coalition government, in office since
December 2017, has made fiscal discipline one of its priorities,
and the country posted a budget surplus of 0.1 percent of gross
domestic product - its first in more than four decades - in
2018, helped by a sharp increase in tax revenues..
Finance Minister Hartwig Loeger said in January he expected
a surplus of 730 million euros this year.
"We as the federal government want to continue to operate
without new debt and without new taxes for the following four
years and consistently place the national budget on a solid
footing," Kurz was quoted as telling APA.
($1 = 0.8891 euros)
(Reporting by Kirsti Knolle; editing by John Stonestreet)
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