Budget & Economic Policy

Growth, innovation and full employment are the central goals of Austrian economic policy, which is built on a foundation of stability-oriented macroeconomic policy. Increasing internationalisation of the economy and a high degree of integration in the EU require Austria to actively take part in shaping European and global institutions in order to take advantage of opportunities and overcome challenges.

Most of the activities of the Austrian Federal Ministry of Finance are aimed at giving form to Austrian economic policy, ranging all the way from Austria's main economic policy instrument – public funds (budget and taxes) – to the granting of federal guarantees (e.g. for export promotion). International cooperation is important and necessary in this regard when developing responses to current economic policy challenges.