MIL OSI Translation. Government of the Republic of France statements from French to English –
Source: Swiss Canton de Vaud – news in French
The draft budget of the State of Vaud for 2022 provides for a deficit of 188 million francs for the second year in a row. This budget respects the constitutional limit known as the small balance (art. 164 al. 3 Cst-VD) and does not entail any specific financial measure. It responds to increasing needs in areas related to demography and strengthens services to the population in key sectors of the state. Still under control within the expected Vaud GDP limit, the projected growth in spending is 2.8%. For its part, the increase in income is expected at 2.6% and tax revenues, in particular, are expected to increase by 3.6%, which reflects a context of exit from the pandemic and renewed economic growth.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.