According to a provisional report by the government’s committee of experts, the budgetary conclave promises to be less salty than expected. The more favorable evolution of energy prices is lowering the deficit forecasts. But the country’s debt, its accumulated deficit and the lack of reforms continue to cause concern.
Par Bernard Demonty
CThis is (rare) good news for the country’s budget. On the eve of the budgetary conclave, a report should be made this followingnoon, which notes an improvement of 6 billion in the deficit forecasts. In its provisional version, which might evolve marginally and that the Standard was able to consult, the budget of the Belgian entities should show a deficit of 27.4 billion euros at the end of this year. In October, when Belgium submitted its forecasts to the European Commission, there was still talk of a negative balance of 33.6 billion. That’s an improvement of 6 billion. Half of this recovery comes from the accounts of the federated entities, the other from the federal government, which garners 3 billion to bring its deficit almost to 20 billion.
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