Playing time is Over Ever-since the Fall of the Government

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“Playing time is really over now”: budget € 3.8 billion has been derailed since the fall of the government

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In just a few months, the hole in the budget has widened by 2.2 billion euros. “Every hour, every day, every month that we lose has a price,” emphasizes Minister of Finance Alexander De Croo (Open Vld). The N-VA and the PS also seem to realize this gradually.

As feared, the fall of the Michel government in December 2018 will also have consequences for the state of the Belgian budget. Heavy consequences: compared to last year, the structural deficit in our country has increased from 1 percent of gross domestic product (GDP) to 1.5 percent. A “deviation” of more than 2.2 billion euros. This is revealed in a new report from the monitoring committee, a team of senior officials.

According to Minister De Croo, it is clear: a new government must come quickly to put things in order. “Time period bills money. What we see here is a consequence of the lack of a real budget in 2019 due to the fall of the government. Every hour, each day, every period that we lose has a price. Our region could not manage to postpone. We possess to get commenced once, ”he says in a press release.

“The planning of the finances will usually be a constant fight in the approaching years because the cost of aging is increasing by 1.7 billion yearly. I consequently call on N-VA and PS to discontinue their competitor’s work from the recurring authorities and form a new federal government. We all know that Playing time medium is really over now, ”said De Croo.

For the formation of a new government, all eyes are on the N-VA and the PS – the largest parties on both sides of the language border. For the time being, they are not meeting at the table, which means that the negotiations are stuck. Although this seems to be gradually changing: the N-VA and the PS are cautiously eyeing each other.

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