Every year, at the end of summer, the government announces a draft proposal for Denmark’s budget for the following year. The draft proposal is then debated in the Parliament and negotiated with the other parties, until a majority is found. Usually, around December, the final version of the budget is announced.
- The first conclusion from the draft is that the budget for next year is tight – there is little space to fund new initiatives. The government wants to be more careful with spending during times of high inflation.
- 2 billion DKK have been set aside as an “inflation aid package” to support the people that will be most affected by inflation in 2023. It’s not decided yet how the money will be spent.
- The “negotiation reserve pool” is the lowest ever. This is usually the amount that the government uses to finance wishes from different political parties in order to gain their support for the budget. Amount – 600 million DKK (50% less than in 2022).
- 1,3 billion DKK for the COVID pandemic management. A lot less than in 2022, when 4 billion DKK have been set aside for the pandemic.
- 223 million DKK for the environment; 381 million DKK for animal welfare and sustainable fishing; 80 million DKK to change the cars owned by the state to electric and hydrogen.
