The Consultative Committee, comprising the Federal Government and the federated entities, decided on Wednesday to speak with one voice to the European Commission and request more budgetary flexibility to implement its strategic investment pact. “It’s a unique agreement,” commented Frédéric Cauderlier, spokesman for Prime Minister Charles Michel.
The strategic investment pact is aimed at stimulating growth by focusing on six areas identified following consultations with the federated entities. These areas are mobility, energy transition, digital matters, health, education and security.
To execute this project, the Consultation Committee intends to ask the European Commission, which safeguards budgetary rigour, for a certain measure of flexibility. It hopes to be able to derogate from the 0.5% of GDP rule for four years and invest eight billion euro in the six key areas during that period.
“It’s a unique agreement in Belgium to speak with one and the same voice,” the Prime Minister’s Office stated.
The Brussels Times