DATA - Federal budget<sup>1</sup>

Federal budget¹
	2024	2025	2026	2027	2028	Jan.-June 26	Jan.-July 26	Jan.-Aug. 26	Jan.-Sep. 26
EUR million
Cash flow budget²
Ordinary budget
Cash outflows	120,687	121,469	125,852	128,207	128,979	62,555	71,980	80,731	x
Cash inflows	101,568	107,100	107,570	112,692	115,825	49,238	56,668	69,012	x
Net cash balance	−19,119	−14,369	−18,282	−15,515	−13,154	−13,317	−15,313	−11,719	x
Cash flow from financing activities
Cash outflows	191,452	205,820	260,388	x	x	127,395	143,652	155,021	166,858
Cash inflows	210,572	220,188	278,670	x	x	146,734	162,364	174,476	196,169
Net financing	19,120	14,369	18,282	x	x	19,339	18,712	19,456	29,312
Operating budget³
Expenses	118,907	120,858	127,026	135,039	132,014	59,685	68,439	76,669	x
Revenues	105,152	107,303	107,283	112,172	115,323	49,058	56,065	68,386	x
Net balance	−13,755	−13,555	−19,744	−22,867	−16,691	−10,627	−12,374	−8,283	x


Source: Federal Ministry of Finance.

Yearly data: final budget account up to 2024. 2025: budget outturn. 2026: budget draft. Monthly data: provisional outturn.
¹ Data based on new budget rules are only partly comparable (break in time-series: 2008/2009 and 2012/2013).
² The cash flow budget is used to project cash inflows and outflows. It reflects financing activities and serves as the basis for liquidity planning (not consolidated). The balance on cash inflows and outflows denotes the net funding requirements.
³ Revenues and expenses under the accrual basis of accounting as implemented in 2013 (not consolidated).