2023-09-21 18:06:07
The verdict of the monitoring committee is in: at the federal level, the budgetary “slippage” – compared to the trajectory announced last spring – would be limited to 815 million in 2024. Article reserved for subscribers Journalist in the Economy department By Dominique Berns Published on 09/21/2023 at 8:06 p.m. Reading time: 2 min
Autumn is not only the season of falling leaves, it is also the time of year when governments must prepare the budget for the following year. The kick-off was given two weeks ago by the Federal Planning Bureau. The news was not very encouraging.
The Plan’s experts have in fact revised their growth forecasts downwards: 1% this year and 1.3% next year – whereas last June, they were still counting on an increase in real GDP of 1. 3% for the current year and 1.6% in 2024. With the result, for next year, a deficit of all public administrations significantly larger than previously expected: 5% of GDP (not far of 30 billion euros). However, Belgium, in its stability program submitted last spring to the European Commission, committed to reducing it to 4.2% of GDP.
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