Brussels Government’s Budgetary Agreement for 2024: Deficit Reduced by 150 Million Euros

2023-10-15 19:37:16

The Brussels government managed on Sunday evening, through pain, to reach a budgetary agreement for the year 2024. The deficit will be reduced by 150 million euros compared to 2023, the year during which Brussels had budgeted a debt of 1, 1 billion euros. Article reserved for subscribers Journalist at the Powers pole By Julien Thomas Published on 10/15/2023 at 9:37 p.m. Reading time: 2 min

Member states had to submit their draft budget plans for 2024 to the European Commission by October 15 at the latest. October 15 was this Sunday. The deadline undoubtedly forced the Brussels government to conclude a budgetary agreement for next year, also to put an end to the long and painful negotiations of recent days. Brussels finally joins the federal state and the other federated entities of the country, which had already taken stock. The extreme difficulty in making savings explains this late delay in achieving success. The Brussels Region has been living beyond its means for years and its financial situation has deteriorated significantly. Finance Minister Sven Gatz (Open VLD) therefore wanted to make substantial savings this year.

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