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Darmstadt (dpa / lhe) - Today (10.30 a.m.) the Hessian State Audit Office is presenting its 2019 annual report on the state's budget and economic management.

The top auditors want to evaluate the use of derivatives in an extra paper.

This financial product is about long-term protection against the risks of rising lending rates.

Although the presented report is about the year 2019, it is expected that the President of the State Audit Office Walter Wallmann will also comment on current financial issues in view of the Corona crisis.

The Hessian Court of Audit, based in Darmstadt, controls how the state administration handles tax money.

He himself decides what exactly he checks - the authority is independent.

Annual report 2018