The state budget, the deficit and the level of public debt return to the Chamber in every year of the 2023–2028 legislature, from the provisional budget of December 2023 to the question élargie on the intergenerational sovereign fund in June 2026. Speakers debated the annual budget bills and the general accounts, the growth of spending against revenue, a possible debt brake, the financing of higher defence spending, and the citizens' bonds issued by the State. The quotes below are taken verbatim from the Compte rendu officiel of each sitting.
\nOn 20 December 2023, at the vote on the provisional budget by douzièmes provisoires for early 2024, Diane Adehm described the provisional budget bill as a purely technical text.
\n\n\nEch wéilt nach eng Kéier ënnersträichen, dass dëse Gesetzesprojet vun den Douzièmes provisoires e reng techneschen Text ass.
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I would like to underline once more that this bill on the douzièmes provisoires is a purely technical text.
\nSitting of 20 December 2023, Diane Adehm, CSV
\nOn 17 December 2025, in the general debate on the 2026 state budget bill 8600, Laurent Zeimet stated that growing together is only possible through a responsible budget policy, and gave the debt ratio.
\n\n\nMatenee wuesse kënne mer nëmmen duerch eng responsabel Budgetspolitick. Mir leien aktuell mat eiser Staatsschold bei ronn 27 % vun eiser Wirtschaftskraaft.
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We can only grow together through a responsible budget policy. Our public debt currently stands at about 27 % of our economic output.
\nSitting of 17 December 2025, Laurent Zeimet, CSV
\nOn 24 April 2024, on the second day of the general debate on the 2024 state budget bill 8383, André Bauler set out how the state deficit should be reduced.
\n\n\nDowéinst musse mer virsiichteg virgoen: Fir de Staatsdefizit ze reduzéieren, mussen d’Depensë méi lues klamme wéi d’Recetten.
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That is why we must proceed carefully: to reduce the state deficit, spending has to rise more slowly than revenue.
\nSitting of 24 April 2024, André Bauler, DP
\nOn 16 June 2026, during the question élargie on the intergenerational sovereign fund, André Bauler stated the return the fund reported for 2025.
\n\n\nGleeft ee rezenten Informatiounen iwwert d’Entwécklung vum Verméige vum Fonds souverain intergénérationnel du Luxembourg, sou huet dësen d’Joer 2025 mat enger Renditt vun 2,61 % ofgeschloss, wat engem Gewënn vun 20,3 Milliounen Euro entsprieche géif.
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If recent information on how the assets of the Fonds souverain intergenerationnel du Luxembourg have developed is to be believed, the fund closed 2025 with a return of 2.61 %, which would correspond to a profit of 20.3 million euro.
\nSitting of 16 June 2026, André Bauler, DP
\nOn 24 April 2024, on the second day of the general debate on the 2024 state budget bill 8383, Taina Bofferding stated that the outgoing government handed over the state finances in solid condition.
\n\n\nMir hunn der neier Regierung also trotz schwieregen Zäiten d’Staatsfinanzen an engem zolitten Zoustand iwwerginn.
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So we handed the new government the state finances in a solid condition, despite difficult times.
\nSitting of 24 April 2024, Taina Bofferding, LSAP
\nOn 17 December 2025, in the general debate on the 2026 state budget bill 8600, Taina Bofferding gave a figure for the revenue she said the state will lose through the tax relief.
\n\n\nDuerch divers Steierentlaaschtunge wäert dem Staat all Joer – all Joer! – ronn 1 Milliard feelen.
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Through various tax reliefs the state will be short of about 1 billion every year, every year!
\nSitting of 17 December 2025, Taina Bofferding, LSAP
\nOn 24 April 2024, on the second day of the general debate on the 2024 state budget bill 8383, Fred Keup proposed a statutory debt brake capped at 30 % of gross domestic product.
\n\n\nMir si prinzipiell fir eng Scholdebrems an der Verfassung. Dat geet anscheinend net, mee eng gesetzlech Scholdebrems, déi bei maximal 30 % vum Bruttoinlandprodukt läit, géife mer ganz gären hei am Land gesinn.
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We are in principle for a debt brake in the constitution. That is apparently not possible, but we would very much like to see a statutory debt brake set at a maximum of 30 % of gross domestic product in this country.
\nSitting of 24 April 2024, Fred Keup, ADR
\nOn 20 May 2026, in the debate on the state of the nation, Fred Keup called for a balanced budget, a spending brake and a debt brake.
\n\n\nDuerfir soe mer als ADR kloer: Mir brauchen en Equiliber am Budget, mir brauchen eng Ausgabebrems, mir brauchen eng Zort Scholdebrems.
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That is why we as the ADR say clearly: we need a balanced budget, we need a spending brake, we need a kind of debt brake.
\nSitting of 20 May 2026, Fred Keup, ADR
\nOn 18 December 2024, in the continuation of the debate on the 2025 state budget bill 8444, Sam Tanson stated that the government has no plan for how to finance its tax cuts.
\n\n\nD’Realitéit ass: Dës Regierung huet kee Plang, wéi se dat finanzéiere soll.
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The reality is: this government has no plan for how it is to finance that.
\nSitting of 18 December 2024, Sam Tanson, déi gréng
\nOn 20 May 2026, in the debate on the state of the nation, Sam Tanson cited the CNFP finding of a budget slippage and a lack of transparency.
\n\n\nDe CNFP huet déi lescht Woch en „dérapage budgétaire incontestable“ festgestallt a kritiséiert e „manque de transparence“ an de Regierungsprevisiounen.
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Last week the CNFP found an undeniable budget slippage and criticised a lack of transparency in the government's forecasts.
\nSitting of 20 May 2026, Sam Tanson, déi gréng
\nOn 24 April 2024, on the second day of the general debate on the 2024 state budget bill 8383, Sven Clement stated the rise in state spending and denied that the budget saves.
\n\n\nD’Ausgabe vum Staat sinn dëst Joer eng hallef Milliard méi héich wéi d’lescht Joer. Vu Spuere kann also an dësem Budget keng Ried sinn.
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State spending this year is half a billion higher than last year. So there can be no talk of saving in this budget.
\nSitting of 24 April 2024, Sven Clement, Piraten
\nOn 17 December 2025, in the general debate on the 2026 state budget bill 8600, Sven Clement stated the interest cost for 2026 and attributed it to the government.
\n\n\nWell dës Regierung net fäeg war, vernënfteg mat eisem Steiergeld ëmzegoen, gi mer 2026 eleng 436 Milliounen Euro fir Zënsen aus.
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Because this government was not able to handle our tax money sensibly, we spend 436 million euros on interest in 2026 alone.
\nSitting of 17 December 2025, Sven Clement, Piraten
\nOn 24 April 2024, on the second day of the general debate on the 2024 state budget bill 8383, David Wagner welcomed the absence of savings and rejected the case for them.
\n\n\nBon, dat ass jo och gutt, wann net vill gespuert gëtt, well mir sinn net der Meenung, datt misst gespuert ginn.
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Well, it is a good thing that not much is being saved, because we do not believe that saving is what is needed.
\nSitting of 24 April 2024, David Wagner, déi Lénk
\nOn 24 April 2024, on the first day of the general debate on the 2024 state budget bill 8383, the Minister of Finance stated that sound public finances guarantee stability and social cohesion.
\n\n\nGesond Staatsfinanze sinn de Garant fir d’Stabilitéit an eisem Land, fir de sozialen Zesummenhalt, grad elo an dëse Krisenzäiten.
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Sound public finances are the guarantee of stability in our country and of social cohesion, especially now in these times of crisis.
\nSitting of 24 April 2024, Gilles Roth, Ministre des Finances
\nOn 18 December 2024, in the general debate on the 2025 state budget bill 8444, the Minister of Finance reported the revised central government deficit figure for 2025.
\n\n\nEch hat et am Oktober och scho gesot: am Joer 2025 net 3,1 Milliarden Defizit, wéi virausgesot, mee just nach 1,29 Milliarden Euro a vläicht esouguer manner, an dat trotz Steiererliichterungen, dat trotz engem héijen Invest an dat trotz héije Sozialausgaben.
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I already said it in October: in 2025 not a deficit of 3.1 billion, as forecast, but only 1.29 billion euros and perhaps even less, and that despite tax relief, despite high investment and despite high social spending.
\nSitting of 18 December 2024, Gilles Roth, Ministre des Finances
\nOn 20 May 2026, in the continuation of the debate on the state of the nation, the Prime Minister set out the government fiscal line.
\n\n\nMee d’Richtung ass kloer: Mir wëllen a mir brauche gesond Staatsfinanzen. Well dës Regierung wëllt net d’Steieren erhéijen.
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But the direction is clear: we want and we need sound public finances. Because this government does not want to raise taxes.
\nSitting of 20 May 2026, Luc Frieden, Premier ministre
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