Spring memorandum

Jeroen_Dijsselbloem_2015_(1)
Jun 1 '17 11:45

The Dutch government expects to make nearly 8 billion euros more on taxes and premiums than estimated on Budget Day last year, according to the Spring Memo sent to parliament by Finance Minister Jeroen Dijsselbloem on Thursday. The extra money mainly comes from VAT (€2.4 billion), corporate tax (€2.3 billion) and wage and income tax (€1.2 billion), NU.nl reports.

The Spring Memo shows the changes the government made since the budget was presented on Budget Day in September last year.

Jun 2 '15 09:54

The 2015 budget deficit is 0.1 percent lower than expected in the Budget Memorandum 2015 and amounts to a deficit of 2.1 percent of the gross domestic product. This is due to the influence of favorable economic developments, lower expenditure on social security and healthcare, lower interest expenses and a higher revenue.

Development aid
May 30 '14 10:42

The Cabinet, due to a new accounting calculation method that increases the scope of the economy, is going to spend €500 million on development aid this year.

May 29 '14 08:11

The budget deficit and national debt have gone down once more from previous estimates, according to the Spring memorandum, the interim overview detailing the implementation of the budget from this year, Het Parool reports.

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