Budget leaks: middle income and single income households to benefit most

Freelancer fees are not going up. Photo: Depositphotos.com

The 2019 spending plans which the government will present to parliament next week will lead to an average rise in spending power of 1.5%, according to leaked documents in the hands of broadcaster NOS.

The AD, which also has leaked budget papers, says households with average incomes and single income families will benefit most, with an increase in spending power of 1.7%.

Pensioners will have 1.5% more to spend while people on social security benefits will get a 0.9% boost in spending power

It has already emerged that the government plans to invest billions more in defence, education and the infrastructure. However, this extra spending will reduce the structural budget deficit to 0.4% of GDP, just above the 0.5% limit set down in eurozone regulations.

NOS says Dutch government is not worried about the deficit because the economy is doing well. In addition, the government will book a budget surplus of 1% this year, partly due to the €775m settlement with ING.

The budget will be presented in parliament on Tuesday.

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