Agreement reached on 2025 budget after long night of talks

Photo: Finance ministry

The four coalition parties have given their backing to the first budget drawn up by the right-wing cabinet after a long night of discussions.

The talks between the leaders of the PVV, VVD, NSC and BBB, and ministers broke up around 4 am, with prime minister Dick Schoof telling waiting reporters he was “happy” to have had a good result.

“I can say that the cabinet’s proposals really can count on the support of the four parties carrying this cabinet,” he said.

Commentators say that given the long evening, it is clear that more work was done to meet the demands of party leaders. RTL correspondent Roel Schreinemachers said that the talks were “intense” at times and there were several pauses while different variants of some plans were looked at.

Schoof also described the discussion as “complex” because it dealt with personal, corporate and government finances. “You need to take your time,” he said.

On Friday the cabinet will give its formal approval to the plans which will then be sent to the Council of State for its assessment. The budget will be published on September 17.

Little has leaked about the plans so far, but they will represent concrete measures to implement the coalition agreement drawn up by the four parties in May. That includes commitments to cut the tax on work and do more to support industry.

According to RTL, the issue of early retirement for people in physically taxing jobs, and more money for free school meals were also on the table.

Dutch media have already said the government may be planning to introduce a new lower tax band and immigration minister Marjolein Faber has said she wants to declare an “asylum crisis”. Earlier this week RTL said the plan to increase value-added tax on most forms of entertainment, books and sport, will go ahead.

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