US EditionBudget Leaks: Spending Power up but "Choices Need to Be Made" - DutchNews.nl
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7 Articles
The caretaker government is primarily minding the shop, according to the leaked Budget Memorandum. However, caretaker Finance Minister Eelco Heinen (VVD) is still shuffling money around, scrapping unpopular cuts or making small-scale investments.
As usual, the cabinet's plans for next year have been leaked to the press before the official announcement on Tuesday, Budget Day.
The Dutch can expect a small boost in their wallets next year: an extra 1.3 percent. Purchasing power "is still rising, but prosperity is under pressure," warns Minister Eelco Heinen (VVD, Finance) in the foreword to the budget memorandum, obtained by this website.
Dutch households to see 1.3% rise in purchasing power, budget leaks show
Purchasing power in the Netherlands will rise slightly more than initially estimated, according to the foreword of the government’s budget memorandum, confirmed by sources in The Hague following reports in various media. According to the calculations of the Netherlands Bureau for Economic Policy Analysis, households will see an average increase of 1.3 percent. In the previous estimate, this was 1 percent.
The purchasing power of Dutch households will increase more than previously expected next year. Leaked information from the preface to the budget memorandum shows an average increase of 1.3 percent, sources in The Hague confirmed after reports from various media outlets. This increase is higher than the most recent official estimate from the Netherlands Bureau for Economic Policy Analysis (CPB). In that earlier calculation, the cabinet assumed a…
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