Public spending

  • OECD: Why Belgium is cutting public spending

    The debt keeps swelling and if no action is taken, the OECD warns, it could reach 200% of the GDP by 2050. Belgium has proved relatively resistant to economic shocks and is facing a 1.4% GDP growth in 2025, however, it urgently needs to lower its debt, according to the Organisation for Economic Co-operation and…

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