FILE PHOTO: Austrian Finance Minister Gernot Bluemel holds a news conference in Vienna, Austria, February 12, 2021. REUTERS/Lisi Niesner
ZURICH (Reuters) - Austria's government is adjusting its forecast for 2021 tax revenue and public spending, leading to a bigger budget deficit as lockdowns crimp economic growth and force the government to expand assistance to hard-hit sectors of the economy.
Planned payments stand at 97.4 billion euros, an increase of 5.5 billion euros ($6.59 billion) compared to previous estimate, the Finance Ministry said on Sunday.
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