This Report of the Section “Public Sector Borrowing Requirements” of the High Council of Finance (hereafter referred to as ‘the Section’) discusses recent budgetary evolutions. Prior to the analysis of the 2018 budget results, the Section wishes to make a number of observations regarding the importance of the budget coordination and the outlook for the 2019 and 2020 budget years (Section 1 of the Report). Subsequently, the budget results for 2018 are set in a medium-term perspective (Section 2 of the Report) and assessed on the basis of the existing budget rules (Section 3 of the Report).

* The Advice (July 2019) can be found here (Dutch version) en here (French version).