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Microsoft Word - cpbdoc218.doc
... marginal benefit of specific public (tax) expenditure as they are financed by the general tax payer and not by those benefiting from this expenditure. limiting such fiscal illusion is 1 ... framework. for example, the level of the real expenditure ceilings is fixed considering the coalition agreement and the most recent information about expenditure and revenue. other ministries, in particular those on ...
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dutch fiscal framework history current practice and role cpb pdf
... expenditure ceilings are reinstalled. the latter may induce unstable decision-making and also - in case of economic recovery- lead to pro-cyclical policy. the expenditure ceilings are not expenditure ... public expenditure should be broken down by policy area and take account of increasing ageing-related expenditure and decreasing expenditure for child benefits. this proposal for expenditure ceilings ...
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