OECD Urges Belgium to Address Fiscal Imbalances Amid Geopolitical Pressures

The OECD has called on Belgium to clean up its budget, citing persistent geopolitical tensions and rising energy prices that weigh on growth forecasts. The Belgian economy has remained resilient despite recent shocks, but structural issues like high public debt, low growth potential, and an aging population are exacerbated by climate change. This development signals a need for fiscal consolidation, which could impact Belgian economic policy and regional stability.

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