2016 budget: slippage announced should not be recouped by the social security system
Share article:
Share article:

2016 budget: slippage announced should not be recouped by the social security system

© Belga
© Belga

The deficit of two billion euros which the federal government needs to fill for the Spring adjustment of the 2016 Budget falls within the “chronology of the overall budgetary slippage”, of which the citizen will be the the victim through the pursuit of new welfare reductions, stated Ecolo on Friday. The initial budget “was not acceptable”, owing, in particular, to an over-estimate of receipts, “and this has been resolved as it will still be necessary to finance the tax shift”, the deputy Georges Gilkinet stressed.
 
In his view, the Finance Minister Johan Van Overtveldt (N-VA – New Flemish Alliance) has not done a good job regarding the efficient collection of taxes, with no means for the government to create jobs and capital growth. Gilkinet said “This failure, which confirms the indicators published by Ecolo and Groen last week, revolves around a point on which the government is, however, focused upon: the path for returning to budgetary equilibrium.”

In Van Overtveldt’s ministerial department, the finger is being squarely pointed to the secondary effects of low interest rates upon fiscal receipts. However the opposition deputy is somewhat conscious of the economic slowdown, which is due, he says, to the lack of an economic project to attract support. He states, “The wishful thinking of the tax shift is not, on its own,  sufficient.”

Georges Gilkinet is calling upon the government not to make citizens the victims of budgetary adjustment, by managing cut backs in the social security budget. “This will only have the effect of impoverishing the most vulnerable and the middle classes, without allowing any revenue increase.”

(Source: Belga)

Latest news

Will Brussels bounce back?
The lockdowns have tested the city and forced it to confront key questions about its future. Derek Blyth looks back at an extraordinary moment in our ...
Vaccinations: Belgium’s Health Minister currently not in favour of a general booster shot
The latest figures on new coronavirus cases are worrying, but rather than imposing new safety measures, what is needed is full compliance with ...
Thousands protest against the Covid health pass in France
Demonstrations against the health pass and other measures aimed at preventing the spread of the Coronavirus mobilised tens of thousands of protesters ...
Record-breaking 770-metre highline installed in Freÿr, Beglium
A 770-metre long highline was installed at an altitude of 70 metres at the Freÿr Rocks on Saturday, setting a new Belgian record, according to ...
Huge cannabis farm discovered inside closed down Chinese restaurant near Charleroi
A cannabis plantation with several hundred mature plants was dismantled on Friday evening in a former Chinese restaurant on Chaussée de Bruxelles ...
Citizen founded wind turbine project launched in Liège region
A citizen founded wind turbine project was inaugurated in the Liège Region on Saturday by Walloon Energy Minister Philippe Henry (Ecolo) together ...
Five questions to philosopher Philippe Van Parijs on Leopold II and embarrassment in Brussels’ public space
The worldwide explosion of the Black Lives Matter movement in the aftermath of the death of George Floyd, combined with the 60th anniversary of the ...
Belgium to invest in sustainable heating in 2022
The federal government will set aside about one million euros in its 2022 budget for a social tariff for sustainable heating, Federal Energy Minister ...
Anti-vaxxers demonstrate against Covid Safe Ticket in Brussels
Hundreds of supporters of the anti-vaxx movement gathered on Saturday outside the headquarters of the Pfizer pharmaceutical company to protest ...
Belgium’s investment funds total 260 billion euros in assets
Belgium’s funds industry grew by 5.3% (13 billion euros) in the second quarter of this year, bringing investment funds available to the public to ...
Brussels to Luxembourg by train in two hours soon possible
The fastest train ride between Brussels and Luxembourg currently takes almost three hours, but that could be slashed to about two hours thanks to the ...
Daily Covid infections up by almost 30% in Belgium
Between 6 and 12 October, an average of 2,438 people were infected with the Covid-19 virus every day, according to figures from the Sciensano public ...