Fixing Belgium's budget will be an uphill battle, PM tells parliament

Belgium's new prime minister, Bart De Wever, focused his government statement on the strenuous efforts that will be required of the people to get the country's finances back on track. 

De Wever, who spoke for just under half an hour in the Chamber of Representatives on Tuesday afternoon, described the effort Belgium will have to make as a "col hors catégorie", a cycling term referring to the hardest climb in a race. 

"Those who make the effort to climb the mountain will enjoy the view at the top"

Belgium faces an uphill struggle that "will not be a walk in the park" and "will take longer than one legislative term", said De Wever. But "those who make the effort to climb the mountain will enjoy the view at the top," he said.

Cuts and reforms

To that end, the government is calling for budgetary cuts and reforms. The tax burden will be reduced by 1.5 billion euros, because "like shearing sheep, you have to stop when you get to the skin, and in this country we have reached that point," said De Wever.

Belgium's prime minister Bart De Wever delivers a government statement to the country's Chamber of Representatives on 4 February 2025 © BELGA VIDEO MAARTEN WEYNANTS

There will be a "solidarity contribution" in the form of a capital gains tax on shares, which the prime minister called "a fair contribution for the benefit of working people". De Wever also said the government would step up the fight against tax and social security fraud.

Sensitive measures

The prime minister insisted that people who work should always earn 500 euros more net than those who do not. Therefore, cuts would have to be made elsewhere. Pension reform is one such sensitive measure, and De Wever said he "understands the concerns" it has raised.

Limiting unemployment benefits over time is another sensitive measure, but there will be a higher starting benefit and an exemption for those over 55, he said. The government will also continue to invest "several billions" in health care. 

Abolishing the Senate

De Wever, who leads the Flemish nationalist party New Flemish Alliance, was cautious when discussing the issue of reforming Belgium's federal state structure. He did say that the new government would seek a two-thirds majority to abolish the Senate, the second chamber of the country's federal parliament. The proposal was greeted with loud applause.

A vote of confidence will be held on Thursday from 16.15

The Chamber will debate the prime minister's government statement all day and possibly into the night on Wednesday. By then, MPs should have received the necessary budget tables to assess the government's plans. A vote of confidence will be held on Thursday from 16.15, after which the De Wever government can really get going. 

 

Belgium's prime minister Bart De Wever delivers a government statement to the country's Chamber of Representatives on 4 February 2025 © BELGA PHOTO DIRK WAEM


Related news

Website preview
De Wever promises government will 'roll up its sleeves' in first address as PM
In his New Year address to Belgium’s highest authorities, prime minister Bart De Wever outlined the challenges facing the country and the response...
belganewsagency.eu
Website preview
Mixed reactions to Belgium’s new federal government agreement
Belgium’s federal government agreement has sparked mixed reactions. Business groups are welcoming economic reforms while trade unions criticise...
belganewsagency.eu
Website preview
De Wever and ministers sworn in at Palace as new government takes office
New prime minister Bart De Wever and his government visited the Royal Palace for a swearing-in ceremony before King Philippe on Monday morning...
belganewsagency.eu

Share

Get updates in your mailbox

By clicking "Subscribe" I confirm I have read and agree to the Privacy Policy.

About belganewsagency.eu

Belga News Agency delivers dependable, rapid and high-quality information 24 hours a day, 7 days a week, from Belgium and abroad to all Belgian media. The information covers all sectors, from politics, economics and finance to social affairs, sports and culture, not to mention entertainment and lifestyle.

Every day, our journalists and press photographers produce hundreds of photos and news stories, dozens of online information items, plus audio and video bulletins, all in both national languages. Since the end of March 2022 English has been added as a language.

For public institutions, businesses and various organisations that need reliable information, Belga News Agency also offers a comprehensive range of corporate services to meet all their communication needs.

Contact

Arduinkaai 29 1000 Brussels

www.belganewsagency.eu