Friday, May 27, 2016

Cabinet calls fiscal deficit further – NU.nl

This expectation appears in the Spring 2016 which was presented Friday by Minister Jeroen Dijsselbloem (Finance).

This is an interim adjustment to the budget this year. When it was presented on Budget Day last year, the government expected a budget deficit of 1.5 percent. ” The Treasury is going well. It is better to blame than expected. ”

The Spring shows what changes have been made in relation to the Memorandum published on Budget Day in September last year by the government.

also improved the sovereign debt compared to the Budget. This year, the debt expected to reach 64.4 percent of GDP, which is about 16 million euros lower than the previous calculation.



Setbacks

Setbacks were also there, but which can absorb the cabinet. There is also room for necessary spending.

The biggest financial setback in 2016 is a result of the so-called trade. That is the difference between the price movements (inflation) in the public and general price trends. Therefore, the government 1.4 billion may spend less money than expected.

The other major financial item relates to the influx of asylum seekers. The government has released this year 94 million euros for the Turkey deal and € 166 million is reserved for the reception in the region of Syria. The refugee organizations in the Netherlands as the Central Agency for the Reception of Asylum Seekers (COA), the Immigration and Naturalisation Service (IND) and guardianship agency Nidos, got extra money.

In late April presented the Cabinet and the Association of Dutch Municipalities (VNG) a plan whereby municipalities 500 million additional gain for the integration of asylum seekers.

Many additional expenditure this year to be done had been leaked or previously disclosed. The police receive 188 million there. 25 million The trooper gets in. Goes extra the next few years, 244 million to the Groningen hit by earthquakes.

On the other hand, there are more than 1 billion euros more in tax revenues expected than previously estimated because the better the economy going than expected

By:. ANP / NU.nl

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