[ad_1]
The Dutch government’s macroeconomic forecasting agency predicts that the Dutch economy will recover again, with a growth rate of 0.6% in 2024 and 1.6% in 2025. CPB said on Friday.
In addition, consumption capacity rise The agency said inflation was set to rise by an average of 2.5% this year and by another 1.1% by 2025, meaning the shock of high inflation has now been reversed.
But at the same time, the budget deficit for the next few years will be significantly higher than last year, at 2.6%, close to the agreed safety zone of 3% of GDP, which the new government has pledged not to breach.
“While the forecasts are good news in the short term, the public finance situation is actually worsening,” said CPD head Pieter Hasekamp. “With a narrow government deficit, the risk of abrupt budget cuts increases in the event of a setback. Moreover, debt forecasts show that current policies are shifting the fiscal burden into the future.”
this CPB August Forecast Used by the government Finish The government has unveiled its spending plans ahead of the budget on September 17.
poor
The central bank said economic growth was partly driven by increased domestic spending, with all groups benefiting from higher incomes, especially those in work.
More and more families have escaped poverty. About 4.1% Next year, 50 percent of households will be officially classified as poor, compared with 4.6 percent this year, a result of the government’s implementation of a new policy.
“Consumer power in 2025 will be higher than previously estimated, thanks to the tax and insurance premium cuts proposed in the coalition agreement,” the CPB said.
Finance Minister Erko Heinen told reporters he would take a tough stance with colleagues when the government’s 2025 spending plan is unveiled. exist Completed Over the next four weeks.
“All setbacks must be overcome, and I will ask my colleagues to do the same,” Heinemann said in a speech before Friday’s Cabinet meeting.
Some of the problems are already known. In June, the Supreme Court ruled that people who paid too much in taxes on their assets — because the government used hypothetical increases rather than actual figures — could be fined. Should be compensated. The total amount could be as high as 4 billion euros.
Failure to sell Germany Energy Network The Dutch state-owned electricity grid operator Tennet This will affect Government finances.
When asked if there was any unexpected gain, Henin said:only The unexpected benefit I’ve seen is that frustrations no longer accumulate.”
“We have setbacks and the national debt is growing. It’s painful news, but it’s the reality,” he said.
[ad_2]
Source link
