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Dutch govt to present budget surplus for 2008

Monday, 17 September 2007


THE HAGUE, Sept 16 (AFP): The Dutch centre-left government will present 2008 budget that predicts a surplus for the next four years, according to government documents leaked by private television channel RTL yesterday.
The figures will only be officially released Tuesday but RTL leaked the highlights of the budget in its Saturday news. Several politicians here have already received the budget under embargo.
In 2008 the Dutch state is counting on a 0.5 per cent budget surplus that will rise to 0.6 per cent in 2009, 0.7 per cent in 2010 and reach 1.0 per cent in 2011, RTL said.
For the Dutch public the tax burden will rise with seven billion euros (9.7 billion dollars) in 2008 which means most households here will lose purchasing power.
"Our government has chosen to take measures in 2008 that will allow us to keep our agenda for the future," RTL quoted Finance Minister Wouter Bos as saying in the budget documents.