Finance minister says budget will be ‘prudent’

The video discusses the budget's response to economic pressures, emphasizing the importance of not using volatile windfall receipts for permanent measures. It outlines key priorities such as housing, protecting living standards, investing in public services, and planning for future demographic and climate-related challenges. The goal is to balance societal and economic support without exacerbating inflation.

What is one of the key parameters mentioned for handling economic pressures?

• Reducing public spending significantly

• Using windfall receipts for permanent measures

• Avoiding the use of volatile windfall receipts for permanent measures

• Increasing taxes to fund temporary measures

Which of the following is a priority in the economic strategy?

• Providing homes for people

• Increasing costs for families

• Reducing investment in infrastructure

• Cutting welfare programs

What is a key focus in protecting living standards?

• Reducing investment in public services

• Eliminating infrastructure projects

• Decisions around taxation and welfare

• Increasing public service fees

What future challenge is highlighted in the economic strategy?

• Increasing inflation rates

• Addressing age-related pressures

• Reducing demographic growth

• Avoiding climate transition

What balance is the strategy trying to achieve?

• Reducing support to decrease inflation

• Increasing inflation to boost the economy

• Providing support while avoiding further inflation

• Focusing solely on economic growth