Ex-Dutch finance minister criticises budget
The former Dutch finance minister says the government’s budget for 2009 is ill-advised.16 September 2008
THE HAGUE -- Former Dutch finance minister Gerrit Zalm says the government's budget for 2009 is ill-advised.
Basing his findings on budget leaks in Saturday's edition of the NRC Handelsblad, Zalm claims a change in tax plans will lead to a EUR 2.5 billion shortfall.
He warned that the situation could lead to tax increases later, and predicted an increase in government spending of 13 percent in the next two years. He says it would be better to lower spending to cover the tax reductions.
[Radio Netherlands / Expatica]
To know more about the budget leaks, read Budget Day: Tuesday? Or Saturday?