Skip to main content
Netherlands News in English

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
woman shopping economy
- Credit: Source: Pixabay/andigraf
Business
Politics
Budget 2017
Budget Day
elderly
low income
pensioners
Prinsjesdag 2016
purchasing power
PvdA
single earners
VVD
Thursday, 25 August 2016 - 14:00

Share this article:

Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window Opens in a new window

Govt. budget plans: Increase everyone's purchasing power

The government is finalizing the 2017 budget for Prinsjesdag this afternoon. They plan to have everyone see an increase in purchasing power next year, averaging at a 1 percent increase, sources confirmed to RTL. The Cabinet is digging deep into its wallet to make sure that even pensioners - both state pensioners and people with a supplementary pension - have some extra money left over. To accommodate elderly with high health care costs, the care allowance will likely increase. People on the lowest income level will also see a rise in their purchasing power, according to RTL's sources. Those taking a job after spending some time on benefits will especially notice a difference in their wallets. The government hopes that this will also give job opportunities a boost. The government is also looking to do something for single income households that are forced to be single earners due to a partner with a disability, for example. With this the coalition of VVD and PvdA is meeting the Christian parties' demands of last year a bit. Previously the government already agreed on 1.2 billion euros additional spending. Half is going into the VVD's wish for more money in Defense and Security and Justice. The other half is meeting the PvdA's desire for more money committed to education and healthcare.

More like this

Image
The Hague, view of the Dutch Parliament
Dutch households to see 1.3% rise in purchasing power, budget leaks show
Image
PvdA-GroenLinks leader Frans Timmermans during the Tweede Kamer debate on the fall of Prime Minister Dick Schoof's first Cabinet. 4 June 2025
King appoints politicians Timmermans, Remkes, and De Graaf as Ministers of State
Image
Sunset with the blue hour in Katwijk aan Zee with walking path from the dunes to the boulevard, 11 June 2022
Katwijk demands state funding for roads before approving pharmaceutical megafactory
Image
Fans watching football in a bar
Amsterdam extends bars’ opening hours for FIFA World Cup
Make NL Times your top Google source

Follow us:

Latest stories

  • Dutch municipalities block local fireworks shows as national ban begins
  • Netherlands and France set to formally establish a border on Sint Maarten
  • WhatsApp blocks Dutch sex workers, cutting off their income
  • Family appealing no-prosecution ruling for police officer who fatally shot 15-year-old
  • Dutch variable gas prices rise 12% above pre-Middle East war levels

Top stories

  • Man shot inside Amsterdam-Zuidoost home
  • Second stuntman hurt after being catapulted at Zwarte Cross festival
  • Video: Two suspects arrested after drug lab found in The Hague neighborhood
  • Vitesse can keep its professional football license; Supreme Court rules against KNVB
  • Dutch municipalities still leaking citizen data 9 years after order to tighten security

© 2012-2026, NL Times, All rights reserved.

Footer menu

  • Change Privacy Settings
  • Privacy Policy
  • Contact
  • Partner Content