Even if expenditure is set to decrease significantly in the next year according to its own plans, the Federal Employment Agency will also be dependent on a lot of federal money in the coming year.
The Federal Employment Agency will also be dependent on an injection of funds from the federal government amounting to almost one billion euros in the coming year.
The authority expects expenditure of 38 billion euros with income of 37 billion euros, as the administrative board of the Federal Agency announced on Friday in Nuremberg. However, it will not be possible to present a fully balanced budget, said BA board member Christiane Schönefeld. She expects a grant of 900 million euros.
According to the plans, spending will decrease significantly in the next year. After record spending in 2020 amounting to 61 billion euros – of which 22 billion euros for short-time allowance alone – and forecast 58 billion euros in 2021, the level will approach that before the Corona crisis, said Schönefeld.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
