Swelling state spending needs to be brought under control, Luxembourg’s business lobby has warned, in its assessment of the country’s budget for this year.
The report by the Chamber of Commerce, published on Monday, echoes many of the concerns raised last month by the agency monitoring government expenditure, the National Council of Public Finances (CNFP).
Luxembourg’s budget facing long-term strain, warns scrutiny body
Finance Minister Gilles Roth has said the government is planning for a €1.9 billion deficit this year, as he unveiled the 2024 budget in March.
Cutting spiralling costs in the civil service should be a…