The level of public investment in Belgium has increased in recent years but still falls short of its target (16/07/2024)

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The Study Committee on Public Investment has, for the first time, published an overview of public investment in Belgium. In 2022, public investment amounted to 2.7% of GDP and investment contributions stood at 0.6%. Without any changes in policy, Belgium will likely not meet the 2030 investment target of 4% of GDP set in the 2020 government agreement. Current investment levels are barely sufficient to meet the required minimum for a possible extension of the adjustment period set out in the European budgetary framework. Furthermore, the Committee recommends establishing a mechanism to coordinate public investment across different levels of government and enhancing transparency as well as consolidating information regarding investment plans.