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Belgian Stability Programme

2011-2014

 

You are here : Belgian Stability Programme breadcrumb image Sustainability of public finances breadcrumb image Introduction

Introduction

Like most west European countries, Belgium faces major changes in terms of the age structure of its population, mainly owing to the decline in the birth rate and the considerable increase in life expectancy. In the future, a smaller active percentage of the population will have to fund social benefits for a growing number of inactive persons. Apart from pensions, there will be a particularly large increase in health care costs.

Owing to the economic crisis, the policies pursued in 2009 and 2010 focused primarily on the short-term issues. However, the sustainability of public finances in the medium and long term is very important, and presents a considerable challenge for the future. The issue of population ageing must be at the centre of the priorities set by the different levels of power. The procedure provided for by the Law of 5 September 2001 guaranteeing a continuous reduction in the public debt and the creation of an Ageing Fund offers a safeguard here. It in fact provides that the Study Committee on Ageing will publish an annual estimate of the cost of population ageing, and that the government will explain its policy on the subject.

Last update : 06-07-2011
 

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