Multi-annual estimate

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The multi-annual estimate (2020 – 2025) from October 2020 puts the 2020 second amended budget and the 2021 initial budget in a multi-annual perspective. The purpose of this estimate is to provide as complete as possible a picture of the budget margin that will be created over the coming years within a constant policy framework.


 

  2AB 2020 IB 2021 2022 2023 2024 2025
 Consolidated ESA revenues (1)  43,090,905 46,223,377 47,096,642 48,453,215 49,709,093 51,040,190
 Consolidated primary ESA expenditure (2)  50,332,450 49,462,409 50,371,006 51,299,213 52,425,334 53,493,416
 Consolidated primary ESA balance (3=1-2)  -7,241,545 -3,239,032 -3,274,363 -2,845,997 -2,716,241 -2,453,226
 Underutilisation (4)  1,251,070 1,227,181 1,247,641 1,269,071 1,294,777 1,319,278
 Consolidated primary ESA balance after underutilisation (5=3+4)   -5,990,475 -2,011,851 -2,026,722 -1,576,926 -1,421,464 -1,133,947
 Interest expenditure (5)  446,855 468,419 518,538 594,502 672,865 752,857
 Consolidated ESA balance after underutilisation (6=4-5)   -6,437,330 -2,480,270 -2,545,260 -2,171,427 -2,094,329 -1,886,804
 ESA corrections  (7)  10,307 -5,811 -2,260 424 0 0
 Government budgetary balance (8=6+7)  -6,427,023 -2,486,081 -2,547,520 -2,171,003 -2,094,329 -1,886,804
 Oosterweel construction cost (incl. interest) (9) 101,680 146,086 258,278 290,650 383,000 444,000
 Government budgetary balance after corrections for budgetary target review (10=8+9)  -6,325,343 -2,339,995 -2,289,242 -1,880,353 -1,711,329 -1,442,804
in keuro            

In the text below you’ll find the report on the multi annual budget.