Aurelia Butler

“We will relieve people and small and medium-sized businesses by significantly more than 30 billion euros,” Lindner told the Bild am Sonntag newspaper.Noting that the 2022 budget was put together by the previous government under Chancellor Angela Merkel, Lindner said his draft for 2023 will include relief such as on pension insurance contributions, and the end of an electricity price surcharge.Meanwhile, Lindner, leader of the fiscally cautious Free Democrats (FDP), said he had asked his cabinet colleagues to review the spending projects of their ministries.”We have to go back to sound public finances. We have a responsibility towards the younger generation,” he said.Lindner said one way to make savings would be to scrap the construction of a new government terminal at Berlin’s BER airport, set to cost 50 million euros. He suggested a temporary building could be used permanently.The minister is also planning a tax bill to help businesses cope with the ongoing coronavirus pandemic, including allowing them to offset losses in 2022 and 2023 against profits from previous years.Due to the pandemic, Chancellor Olaf Scholz’s ruling coalition agreed to use an emergency clause in the constitution for a third year in a row in 2022 to suspend debt limits and enable new borrowing of 100 billion euros.From 2023 onwards, the coalition aims to return to the debt brake rule in the constitution that limits new borrowing to a tiny fraction of economic output.($1 = 0.8797 euros) More

The South American country, one of the world’s largest producers of minerals, had an annual inflation target of 1% to 3% last year.According to the National Institute of Statistics and Information (INEI), consumer prices in the Lima metropolitan region – which are seen as the national benchmark – were driven by higher food, fuel, transportation and energy prices in 2021.Peru’s central bank chief Julio Velarde said in December that the inflation rise came on the back of higher prices for imported goods and the depreciation of the local currency against the U.S. dollar.For 2022, the central bank expects Peru’s inflation to slow down to 2.9%. It also sees inflation at 2.1% in 2023. More