Wallonie Region Funding Gap Analysis
Zero based budgeting
What is the zero based budgeting exercise ?
Expenditures will be 100% screened: 15 billion
expenditures to be analyzed within the next 18-24
months.
All tax cuts will be screened: 1.8 billion tax
deductions
Every service within the Region (SPW - UAP) will be
involved in the exercise.
Main goals with zero based budgeting
ā Improve the quality of public expenditures.
Check every expenditure in terms of timely
spending.
Devote more resources to sustainable investments
Break away from the method of budgeting with
credits based on previous year's spending.
Be in a position to make choices and improve the
budgetary balance
-
-
First decision taken following the elaboration of budget 2020
- Methodology put in place with help of external consultants
- Implementation to start at the latest in September 2020
Referring to the structural reform support program, the European Commission is
advising the Region on the added value of completing a spending review
-
Impact not yet included in the forecasted figures (2020-2024)
Wallonie
service public
SPW
12View entire presentation