How sustainable are the finances of the federal government, the regions and the communities in Belgium?

Article published in the Economic Review of 2022

International institutions consider risks to the sustainability of Belgian public finances as “high”. But what is the debt outlook for the federal government, the regions and the communities within Belgium? How robust are their public finances to shocks and what can they do to steer Belgian public debt onto a downward path?

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Since 2019, the articles from the Economic Review are published in French and Dutch in the form of digests, their full version being available only in English.