Fiscal deficit prevision for 2023
Belgium has the highest deficit prevision in 2023 with 5,8% GDP (3,7% in Eurozone). We beat France this time. 75% of the fiscal deficit is driven by Social Security and the federal deficit. What is striking is that the Belgian Government did nothing to control the massive rise of pension costs. In fact the "pseudo pension reform" is just doing the opposite by further increasing pension benefits.