2024 state budget draft approved in first reading

The lower house has approved the 2024 state budget draft in its first reading.

The proposed budget, which envisages a 252 billion crown deficit, passed through its first reading after a debate that lasted more than 11 hours.

The proposal, encompassing the basic parameters of the budget, including the size of income and expenditure, was supported by 87 MPs out of 156 present.

A second and third reading will follow in which the precise details of the budget will be discussed and subject to a final vote.