Wallonie Region Funding Gap Analysis
Focus on Région wallonne's revenues
Région wallonne revenues evolution (in €m)
Split of revenues by sources (2019)
Proceeds from
Borrowings
7%
Non-tax
Revenue
6%
13 196
13 741 13 835
14 155 14 564
14 715
7 859
8 739
2017 2018
2019
2020 2021
2022
2023
2024
Reported
Budget
Forecasts
Regional Tax
Revenue
21%
Transferred
Revenue from
Federal State
66%
The 2020 budget is based on the macroeconomic forecasts of the Federal Planning Bureau of November 2019: GDP growth rate
of 1.1% and inflation rate of 1.4%.
□ For revenues 2020 and forecasts 2021 up until 2024, same remark as for expenditures.
The Sixth State reform has provided greater tax autonomy to Région wallonne. Indeed, the reform grants the regional government
increased flexibility to modify the rates applied to a portion of personal income tax, allowing them to manage, within certain limits,
the taxation levels. The flexibility of the new institutional structure gives the opportunity to the Region to mitigate any budget
shortfall by adjusting the level of taxes.
Wallonie
service public
SPW
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