Federal budget: discussions still ongoing - Economic Policy

Federal budget: discussions still ongoing – Economic Policy

The federal government was still meeting in conclave on Tuesday shortly before 7 a.m. in order to complete its 2023 budget. At 2 p.m., Prime Minister Alexander De Croo is expected in the Chamber for his general policy speech.

The main ministers of the De Croo team have been meeting since Monday at 10:00 a.m. to try to find an agreement on the 2023 budget, after having already devoted the weekend to it. If a series of subjects seemed to gather a sufficient consensus, the tensions remain between the PS and the liberals, indicated one to good source.

Shortly before midnight, the two camps opposed on the one hand the equalization of the pension of the civil servants and on the other hand a series of fiscal measures such as the tax on the securities accounts, the deduction of the mortgage loan for the second residences , notional interest or bank tax. In the meantime, several versions of the budget tables have been submitted to government partners. For the time being, the withdrawal of equalization has led to that of the increase and progressiveness of the tax on securities accounts. The notional interest regime would be extinguished completely.

“It’s moving forward,” we added, without giving a precise view of the outcome of the meeting. The Prime Minister is expected at 2:00 p.m. in the Chamber for the traditional speech on general policy.

The main ministers of the De Croo team have been meeting since Monday at 10:00 a.m. to try to find an agreement on the 2023 budget, after having already devoted the weekend to it. If a series of subjects seemed to gather a sufficient consensus, the tensions remain between the PS and the liberals, one indicated to good source. Shortly before midnight, the two camps opposed on the one hand the equalization of the pension of the civil servants and on the other hand a series of tax measures such as the tax on securities accounts, the deduction of the mortgage loan for second residences, notional interest or the bank tax. In the meantime, several versions of the budget tables have been submitted to government partners. For the time being, the withdrawal of equalization has led to that of the increase and progressiveness of the tax on securities accounts. The notional interest regime would be extinguished completely. “It’s moving forward”, we added, without giving a precise view of the outcome of the meeting. The Prime Minister is expected at 2:00 p.m. in the Chamber for the traditional speech on general policy.

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