Government overspent by €32bn last year

The Dutch government spent €32bn more last year than it raised in taxes and premiums – the equivalent of €5 per person per day, finance minister Jan Kees de Jager said in his weblog on Monday.

The state deficit now totals €370bn, or €22,000 per citizen, De Jager said.
The current cabinet has plans to cut the deficit by €18bn – of which €16.5bn will be raised by spending cuts and €1.5bn by tax and premium increases.
The minister will publish his spring financial statement in June.

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