Only once all that is done, should budget surpluses be used to pay off State debt, the respondents said.52 percent of Dutch think that the billions of euros surplus in the government budget must go towards increasing the salaries of people who work for the police, in health care, and in education. Last year, central government mainly spent more on labour cost and care, both totalling over 2 billion euros. Public revenue rose by 4.7 percent to 337 billion euros, mainly due to higher taxes and statutory contributions, which represent the bulk of the government revenues. This is almost double the estimate presented by the finance ministry last September, when the government unveiled its spending plans for 2019 and beyond. Total debt reduction amounted to over 14 billion euros last year. 2019 Budget Memorandum: Investing in and preparing for the Netherlands' future 18-09-2018 | 15:15 In 2019 the Dutch economy will grow by 2.6% and the budget surplus will … In this way the governments can make use of historically low interest rates on their government bonds.By Janene Pieters on Thursday, 31 October 2019 - 12:50 Confidence in politics, the government and the Prime Minister increased compared to last year, especially for the Prime Minister. On the other hand, interest expenses continued to decline, as did expenditure on social assistance and unemployment benefits. There are also other factors which may lead to a change in public debt, such as the sale of shares.
These are mainly people who indicate that the can manage well with their income. The surplus in 2019 is 3.5 billion euros higher than in 2018, when it stood at 10.6 billion euros or 1.4 percent of GDP.
Number of bankruptcies, by sector. The The announced measures against climate change can count on varying amounts of support. Current Prices, NSA
And 32 percent said that money should be used to pay off State debts.Spending the budget surplus on Defense (11%), building more wind turbines (9%), building an airport at sea (6%), and building roads (6%) were the least popular options. Municipalities and provincial government in particular spent more than they received. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Slower global trade and expedited phasing-out of gas production should lead to lower exports and a … Why not invest in education and why not invest in innovation?" This was partly due to adjustments in various tax rates.The Dutch bank ING agreed on a settlement with the Public Prosecution Service, which contributed 0.8 billion euros to public revenue. According to the most recent figures, the Netherlands had an actual general government balance of 1.5% of GDP in 2018, and the Netherlands maintains a surplus of 1.2% of GDP in 2019 and 0.8% of GDP in 2020. Dutch government surplus 14 billion euros in 2019 25/03/2020 15:03 In 2019, the Dutch government posted a budget surplus of 14 billion euros. NOTE: The information regarding Budget surplus (+) or deficit (-) on this page is re-published from the CIA World Factbook 2019. This means that the Netherlands remains well away from the 3% threshold for an excessive deficit. This is reported by Statistics Netherlands (CBS) on the basis of new public finance figures. Figure 2.1 Development of general government balance (% of GDP) Last year, the Dutch government achieved a surplus for the fourth consecutive year. These had a small impact in 2018. Any money left over in the government's budget should first be spent on raising the salaries of people in the public sector, addressing the housing shortage and getting more police officers on the street, according to a poll conducted by Ipsos on behalf of NOS for Budget Day 2019. Voters for populist parties PVV and FvD are most negative about this.Dutch are also divided on what measures should be taken to reduce nitrogen emissions.. Reducing the maximum speed limit on highways was mentioned most often, by 30 percent of respondents, followed by a Almost half of Dutch think that the Netherlands is going in the wrong direction. The elderly and people with a low level of education are particularly pessimistic. The statistic shows the budget balance in the Netherlands from 2014 to 2018, with projections up until 2024.
The Dutch budget surplus reached €11bn in 2018, equivalent to 1.5% percent of gross domestic product (GDP), the national statistics office CBS said on Tuesday in a round up of new government finance figures. Netherlands recorded a government budget surplus of 9.70 EUR Billion in the first quarter of 2020. According to the most recent figures, the Netherlands had an actual general government balance of 1.5% of GDP in 2018, and the Netherlands maintains a surplus of 1.2% of GDP in 2019 and 0.8% of GDP in 2020. Though Draghi rarely mentioned the euro countries he referred to by name. The Trading Economics Application Programming Interface (API) provides direct access to our data. In 2019 the Dutch economy will grow by 2.6% and the budget surplus will increase to 1% of gross domestic product (GDP). Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. Government Budget in Netherlands averaged -1.64 percent of GDP from 1995 until 2019, reaching an all time high of 1.70 percent of GDP in 2019 and a record low of -8.70 percent of GDP in 1995.
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