COPENHAGEN, April 24 (Reuters) - Denmark's government
presented on Monday what it said was a "tight" fiscal spending
plan for 2023, seeking to help bring down soaring inflation with
a much-delayed budget for the year.
"The primary aim is to get Denmark through tough times,"
Finance Minister Nicolai Wammen told reporters, calling the
government's policy a "very responsible and broad fiscal
budget".
"It's a fiscal budget that doesn't add fuel to the
inflation, but that fights it instead," he added.
The fiscal budget presented on Monday has a tightening
effect on the economy equivalent to 0.9 percentage point, the
government said.
Danish consumer prices rose last year at a 40-year high rate
of 7.7% but inflation is expected to ease to 3.9% this year and
2.8% in 2024, the government announced in March.
The broad budget deal in parliament came after a five-month
delay following a snap election and change of government in late
2022.
(Reporting by Louise Breusch Rasmussen, editing by Terje
Solsvik)
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