Poorly Calibrated and Unfair Tax Reforms: Walloon Debt Concerns Court of Auditors and Fuels Opposition Anger

by Marcus Liu - Business Editor
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WalloniaS Debt Projected to Soar, Raising Concerns

Wallonia’s debt continues to worry the Court of Auditors, which warns of a breathtaking increase which could reach 32.8 billion euros at the end of 2026, or even 37.6 billion in 2029. While the tax reforms and the government’s budgetary trajectory are singled out, the opposition denounces a lack of readability of the budget, making any control and democratic debate challenging.

The Walloon debt still worries the Court of Auditors. On the sidelines of the budgetary discussions taking place this week in the various committees of the regional parliament, the latter came to present, this Monday, its latest observation book devoted to the 2026 budget of Wallonia.

According to the Court’s projections, the Region’s direct debt could reach 32.8 billion euros at the end of 2026,an increase of almost 60% over the last five financial years. Worse, as market conditions deteriorate, it risks reaching 37.6 billion at the end of 2029,an increase of 35% compared to 2024.

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