Maurits Vande Reyde wrote that governments transformed budget figures into a communication plan. According to him, the Flemish budget was not balanced: he pointed to a deficit of 1 billion euros for the coming year and deficits of 3 to 4 billion euros in previous years. He stated that the debt had tripled and would continue to rise in the coming years, but it was not yet known by how much. However, according to him, interest expenses would increase by 400 million euros, a rise of 23% in one year. Additionally, a subordinated loan of 1.65 billion euros had been pushed to 2035; the interest on that operation would amount to more than 1 billion euros. He contrasted those figures with the message that the accounts were "in order." #VlaamseBegroting #Financiën #Schuld (translated)




