Dutch public finance 2008-2011.
In a cautious trend-based scenario with average annual GDP-growth of 1¾%, the budget balance will improve by 1,1% GDP, resulting in a balanced budget in 2011. In a scenario without a precautionary margin, with an annual growth of 2%, the budget improves by an additional 0,4% GDP and a surplus of 0,5% GDP results.
Population ageing and the exhaustion of natural-gas resources require additional policy measures to make the budget sustainable. A constant net benefit of the government for all current and future generations requires policy efforts of some 2% of GDP in the next government’s term.
This publication is in Dutch.