English, Article edition: Net Deficit in the Federal Budget Stabilized at 3.3 Percent of GDP Gerhard Lehner

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Net Deficit in the Federal Budget Stabilized at 3.3 Percent of GDP
Author
  • Gerhard Lehner
Physical Description
  • article
Notes
  • In 1992 the federal government stabilised the net deficit in the federal budget at 3.3 percent of GDP. A strong build-up of reserves increased the deficit by some AS 12 billion. Without these measures the shortfall would have decreased markedly compared to the year 1991. The budget of the central government had a restrictive impact on the economy in 1992. The tax burden rose significantly. In the medium term, the fast growth of transfer payments will render the task of budget consolidation more difficult.
  • Nettodefizit des Bundes bei 3,3% des BIP stabilisiert. Der Bundeshaushalt 1992; Net Deficit in the Federal Budget Stabilized at 3.3 Percent of GDP
  • RePEc:wfo:monber:y:1993:i:4:p:221-228
Language
  • English
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