VIENNA, Oct 13 (Reuters) – Austria’s budget deficit will return to within the European Union’s limit of 3% of economic output next year at 2.3%, shrinking from 6% this year as growth recovers and the COVID-19 pandemic eases, the Finance Ministry said on Wednesday.

Finance Minister Gernot Bluemel will also announce that the country’s debt as a proportion of gross domestic product will fall to 79.1% next year from 82.8% this year, after swelling in 2020 as the government spent lavishly on coronavirus-related aid. Bluemel is due to give a budget speech later on Wednesday. (Reporting by Francois Murphy; Editing by Tom Hogue)

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