Germany: committee approves €560.92 billion budget plan
The Bundestag’s budget committee has completed changes to the 2027 plan. A final plenary vote remains a further stage.
The German Bundestag’s budget committee approved the draft federal budget for 2027 on 13 November, with projected spending of €560.92 billion. Its session concluded early in the morning, supported by CDU/CSU and SPD, with AfD, the Greens and the Left voting against, according to the official parliamentary announcement.
The committee’s version raises spending by €5.48 billion compared with the government draft. Planned investment stands at €61.85 billion, up €5.58 billion from the original proposal. These are the amounts in the committee’s recommended plan for the next financial year.
Net new borrowing in the core federal budget is projected at €122.97 billion, compared with €97.96 billion in the 2026 budget. This is the core-budget figure, rather than total borrowing including special funds for infrastructure and defence.
The committee’s decision is a step towards final parliamentary approval. The published official timetable schedules the final debate for 24–27 November and a recorded plenary vote on 27 November. Today’s development is not yet final passage of the budget by the Bundestag.
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