Belgian Prime Minister Bart De Wever on Thursday granted his deadlocked ruling coalition an additional 50 days to reach an agreement on a cost-cutting budget, amid growing concerns that the government could collapse after months of political stalemate.
Addressing lawmakers, the Flemish conservative warned that the deadline would not be extended.
“No more procrastination. We cannot allow ourselves to be paralyzed. We must persevere. We must show this country its resilience,” The Guardian quoted De Wever as saying, urging the coalition to finalise a deal promptly.
Belgium’s budget deficit is projected to reach 4.5% of gross domestic product (GDP) this year, with public debt climbing to 104.7% of GDP, according to the central bank — well above the limits set under EU fiscal rules.
De Wever is seeking €10 billion ($11.66 billion) in spending cuts and tax increases by 2030 to bring the deficit and debt under control. However, the French-speaking liberal MR party has so far resisted proposals to raise the value-added tax or suspend the next automatic wage increase linked to inflation.
In addition to fiscal challenges, the Belgian government is grappling with security concerns after recent drone sightings forced the closure of airports and a military base.
Authorities plan to enhance airspace surveillance as an initial measure to address the threat.
With inputs from agencies
