since your goverment finances are doing ok,you guys could massively increase building renovations and heat pump subsidies
i saw this year a statistic that 90% of Dutch houses heat with natural gas,is the goverment doing something to massively decrease this percentage?
Wait a second… it can go down? 😯
Instead of saving money they could have financed additional housing, but wygd line go down is more important.
This can be misleading because the only reason that the ratio fell is because the GDP grew faster (because of inflation) than that the debt grew. So it doesn’t mean that the goverment has less debt, it grew.
“This sharp decrease is due to the fact that nominal GDP rose much faster than debt in euros in 2021. In the past ten years, the debt ratio was only lower at the end of 2019 than at the end of 2021. The debt in euros increased by 13 billion euros, to 448 billion euros.”
EDIT:
From the article of OP:
Despite the 7-billion budget surplus over the first three quarters, there was an overall increase in public debt over 2022. Government debt amounted to 451 billion euros as of the end of September 2022; this was 2 billion euros higher than at the beginning of the year
And
The decline in the debt ratio was due to GDP increasing more than debt due to inflation. The debt-to-GDP ratio is almost back to its level just before the coronavirus crisis.
All those exceptions to Russian sanctions is making them thick. A total of 91 waivers as of
6 comments
source:[https://www.cbs.nl/en-gb/news/2022/51/public-debt-dipped-below-50-percent-of-gdp-at-end-of-q3-2022](https://www.cbs.nl/en-gb/news/2022/51/public-debt-dipped-below-50-percent-of-gdp-at-end-of-q3-2022)
since your goverment finances are doing ok,you guys could massively increase building renovations and heat pump subsidies
i saw this year a statistic that 90% of Dutch houses heat with natural gas,is the goverment doing something to massively decrease this percentage?
Wait a second… it can go down? 😯
Instead of saving money they could have financed additional housing, but wygd line go down is more important.
This can be misleading because the only reason that the ratio fell is because the GDP grew faster (because of inflation) than that the debt grew. So it doesn’t mean that the goverment has less debt, it grew.
[Deze sterke afname komt doordat het nominale bbp in 2021 veel harder steeg dan de schuld in euro’s. In de afgelopen tien jaar was de schuldquote alleen eind 2019 lager dan eind 2021. De schuld in euro’s steeg met 13 miljard euro, tot 448 miljard euro.](https://www.cbs.nl/nl-nl/nieuws/2022/12/overheidstekort-over-2021-gedaald-naar-2-5-procent-bbp#:~:text=Schuldquote%20omlaag%20naar%2052%2C1%20procent%2C%20ondanks%20corona&text=Deze%20sterke%20afname%20komt%20doordat,euro%2C%20tot%20448%20miljard%20euro)
meaning:
“This sharp decrease is due to the fact that nominal GDP rose much faster than debt in euros in 2021. In the past ten years, the debt ratio was only lower at the end of 2019 than at the end of 2021. The debt in euros increased by 13 billion euros, to 448 billion euros.”
EDIT:
From the article of OP:
Despite the 7-billion budget surplus over the first three quarters, there was an overall increase in public debt over 2022. Government debt amounted to 451 billion euros as of the end of September 2022; this was 2 billion euros higher than at the beginning of the year
And
The decline in the debt ratio was due to GDP increasing more than debt due to inflation. The debt-to-GDP ratio is almost back to its level just before the coronavirus crisis.
All those exceptions to Russian sanctions is making them thick. A total of 91 waivers as of
https://nltimes.nl/2022/10/24/netherlands-issued-91-waivers-sanctions-russia