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Home International Customs Netherlands

Dutch govt expects to run budget deficit of 0.4%

byCT Report
25/11/2016
in Netherlands
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AMSTERDAM: The Dutch government expects to run a budget deficit of just 0.4 percent of national output in 2016 after receiving 4.3 billion euros worth of tax revenue more than expected.

As recently as September, the government had forecast a 2016 deficit of 1.1 percent of gross domestic product. This month the country’s statistics office said the economy grew at 2.4 percent in the third quarter from a year earlier, making it one of the strongest performers in Europe.

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