{"id":21435,"date":"2023-04-24T13:20:50","date_gmt":"2023-04-24T13:20:50","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/denmark-presents-tight-fiscal\/"},"modified":"2023-04-24T13:25:11","modified_gmt":"2023-04-24T13:25:11","slug":"denmark-presents-tight-fiscal","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/denmark-presents-tight-fiscal\/","title":{"rendered":"Denmark presents “tight” fiscal budget to fight inflation"},"content":{"rendered":"

COPENHAGEN (Reuters) – Denmark’s government presented on Monday what it said was a “tight” fiscal spending plan for 2023, seeking to help bring down soaring inflation with a much-delayed budget for the year.<\/p>\n

“The primary aim is to get Denmark through tough times,” Finance Minister Nicolai Wammen told reporters, calling the government’s policy a “very responsible and broad fiscal budget”.<\/p>\n

“It’s a fiscal budget that doesn’t add fuel to the inflation, but that fights it instead,” he added.<\/p>\n

The fiscal budget presented on Monday has a tightening effect on the economy equivalent to 0.9 percentage point, the government said.<\/p>\n

Danish consumer prices rose last year at a 40-year high rate of 7.7% but inflation is expected to ease to 3.9% this year and 2.8% in 2024, the government announced in March.<\/p>\n

The broad budget deal in parliament came after a five-month delay following a snap election and change of government in late 2022.<\/p>\n

\n

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)<\/p>\n

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COPENHAGEN (Reuters) – Denmark’s government presented on Monday what it said was a “tight” fiscal spending plan for 2023, seeking to help bring down soaring inflation with a much-delayed budget for the year. “The primary aim is to get Denmark through tough times,” Finance Minister Nicolai Wammen told reporters, calling the government’s policy a “very […]<\/p>\n","protected":false},"author":8,"featured_media":21436,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1216],"tags":[],"class_list":["post-21435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-economy"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportEconomy\/tagreuters.com2023binary_LYNXMPEJ3N0E8-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/21435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=21435"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/21435\/revisions"}],"predecessor-version":[{"id":21437,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/21435\/revisions\/21437"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/21436"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=21435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=21435"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=21435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}