Limiting expenditure of the institutions in 2010

Limiting expenditure of the institutions in 2010

Ministry of Education and its institutions must contribute to the recovery of the Danish economy.

The agreement to consolidate the Danish economy is that by 2013 greater consistency between public spending and revenues. This takes place on the basis of unchanged public economics. There is however expected significantly higher government operating expenses in 2010 than estimated in the Budget for 2010. Against this background, the Ministry of Finance issued a circular that reduces the state's operating appropriations of one billion kroner in 2010.

necessary measures

The circular requires with the exception of parliament, the judiciary and the Defence Command, a reduction in all ministries operational framework, including the Ministry of Education. The reduction corresponds to one percent for 2010. Education Minister Tina Nedergaard said: "The measure is necessary to ensure a balance in the public finances in the wake of the financial crisis. Although it is not easy, it is also necessary to ask institutions in the education sector to prepare for this transaction limit in the current year. The Minister of Finance has resulted saving of one percent, which applies to the entire grant in 2010, across all areas of operation, and we must therefore equivalent to ask all education sectors to contribute. There will as soon as possible be sent out letters to the institutions for the technical implementation. "In addition to the reductions in funding for educational institutions carried out a parallel reduction of one percent of the funding for the Ministry of Education departments, agencies, government institutions, fixed grants, and research and development funds, etc. Source : Ministry of Education