Belgium needs to shift tax burden: OECD

BRUSSELS, Feb 5 (Xinhua): Belgium has been told it needs to shift the tax burden onto the country's highest earners while slashing public service expenditure in order to maintain a higher level of growth, a new report said on Wednesday.

The report by the Paris-based Organisation for Economic Co-operation and Development (OECD), said that structural reforms were needed to back-up recent gains made in economic growth.

The report was presented to Belgian Prime Minister Charles Michel by OECD Secretary-General Angel Gurria in Brussels on Wednesday.

In addition, the report also advised implementing a lower minimum wage on young people, as well as raising the retirement age and closing-off avenues to early retirement.