€15.5 billion in government spending is 'not properly accounted for'
2 years, 10 months ago

€15.5 billion in government spending is 'not properly accounted for'

Dutch News  

Some €15.5 billion in government spending last year cannot be properly accounted for, amounting to a ‘worrying’ 5% of the total budget, the national audit office said on Wednesday. Last year, the government spent €33 billion on softening the impact of coronavirus, and this has only further exposed the shortcomings and weaknesses in controls on government spending, the audit office said. While the health ministry accounts have improved, they still show serious shortcomings, and €4 billion in spending is not properly accounted for, the office said. ‘But that has not been the case for the past three years, and the problem is only getting worse… I am not sure how to get across how serious this is.’ The national audit office always publishes its reports on government spending on the third Wednesday in May.

Audit Spending Government Spending  spending  ministry  audit  billion  spent  office  serious  sure  total  accounted  155  properly  shortcomings

History of this topic

Most local councils are short of money, deficit hits €5.2bn
2 months, 1 week ago

Most local councils are short of money, deficit hits €5.2bn

Dutch News  

Three-quarters of the Netherlands’ 342 local councils are facing financial difficulties, with many delaying decisions in the hope of additional government funding, according to research by accountants group BDO. In total, councils with a deficit are €5.2 billion short of what they need for the coming years, BDO said. Local elections are also set to take place early next year, …

Reeves warns ministers of cuts as ‘every pound’ of government spending to face review
3 months, 2 weeks ago

Reeves warns ministers of cuts as ‘every pound’ of government spending to face review

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Cabinet ministers have been warned they must find more savings in …

Spending power to dominate Tuesday's budget as leaks continue
2 years, 6 months ago

Spending power to dominate Tuesday's budget as leaks continue

Dutch News  

Spending power is set to dominate Tuesday’s budget, with the government poised to spend €16 billion averting the worst of the impact of soaring inflation, leaks to the Dutch media show. The average family is set to have 3.9% more to spend next year, although this will not offset the average drop of 6.8% this year, according to the government’s …

Spending power to dominate Tuesday's budget as leaks continue
2 years, 6 months ago

Spending power to dominate Tuesday's budget as leaks continue

Dutch News  

Spending power is set to dominate Tuesday’s budget, with the government poised to spend €16 billion averting the worst of the impact of soaring inflation, leaks to the Dutch media show. The average family is set to have 3.9% more to spend next year, although this will not offset the average drop of 6.8% this year, according to the government’s …

€15.5 billion in government spending is 'not properly accounted for'
2 years, 10 months ago

€15.5 billion in government spending is 'not properly accounted for'

Dutch News  

Some €15.5 billion in government spending last year cannot be properly accounted for, amounting to a ‘worrying’ 5% of the total budget, the national audit office said on Wednesday. Last year, the government spent €33 billion on softening the impact of coronavirus, and this has only further exposed the shortcomings and weaknesses in controls on government spending, the audit office …

Billions wrongfully spent on medical protective equipment, court says
3 years, 10 months ago

Billions wrongfully spent on medical protective equipment, court says

NL Times  

Dutch Ministry of Health may have wrongfully spent 5.1 billion euros in taxpayer money on coronavirus materials such as face masks, respirators and coronavirus testing material, the country's Court of Audit warned. In one of its opinions released on Wednesday, the institution stated that "financial management was below the required level" during the ministry's handling of the coronavirus pandemic in …

Where is all the government’s coronavirus rescue spending going?
4 years, 10 months ago

Where is all the government’s coronavirus rescue spending going?

The Independent  

The state’s fiscal response to Covid-19 has been a story of big headline numbers. The Office for Budget Responsibility, the Treasury’s official spending watchdog, has produced a “policy monitoring database” to help the public – and perhaps policymakers themselves – keep track. Employment subsidies: £49bn open image in gallery The furlough scheme is supposed to keep a lid on unemployment …

Budget 2020: the extraordinary measures that could affect your finances
5 years ago

Budget 2020: the extraordinary measures that could affect your finances

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Sunak has assured us that the government will do …

National debt is lower but audit office pans lack of clarity on policy benefits
7 years, 10 months ago

National debt is lower but audit office pans lack of clarity on policy benefits

Dutch News  

The Netherlands national debt is €32bn lower than thought, caretaker finance minister Jeroen Dijsselbloem told MPs on Wednesday. The third Wednesday in May is known officially as ‘responsibility day’, when government ministries and the national audit office present their annual reports to parliament. In his report, audit office chief Arno Visser criticised the way politicians spend money on lots of …

Spending cuts of €35bn needed by 2015
15 years, 7 months ago

Spending cuts of €35bn needed by 2015

Dutch News  

The government will need to make cuts of up to €35bn by 2015 to cover the shortfall in the treasury, the Volkskrant reports on Friday, without quoting sources. The paper says the sum is equivalent to 20% of total annual government spending, or the entire education ministry’s budget for one year. Finance minister Wouter Bos and prime minister Jan Peter …

Spending cuts of €35bn needed by 2015
15 years, 7 months ago

Spending cuts of €35bn needed by 2015

Dutch News  

The government will need to make cuts of up to €35bn by 2015 to cover the shortfall in the treasury, the Volkskrant reports on Friday, without quoting sources. The paper says the sum is equivalent to 20% of total annual government spending, or the entire education ministry’s budget for one year. Finance minister Wouter Bos and prime minister Jan Peter …

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