Kingdom of the Netherlands-Netherlands

Following several years of expansion, the Dutch economy is in its third year of weak growth. Executive Directors commended the authorities on prudent economic policy, and advised for fiscal consolidation in view of population aging. They welcomed the multiyear fiscal framework, and underscored the need to press forward with labor and product market reforms. They appreciated the sound fiscal and structural policies. They agreed that the Dutch financial sector remained sound and well supervised, and commended authorities for taking measures to strengthen the public finances.Article IV consultations;Economic conditions;pension, retirement, tax rates, fiscal position, early retirement, national accounts, tax revenues, pension funds, replacement rate, expenditure growth, tax base, contribution rates, health care, spending cuts, pensions, tax burden, pension contributions, public finances, pillar pension, retirement plans, budget surplus, fiscal framework, primary deficit, fiscal policy, tax increases, fiscal consolidation, fiscal situation, taxation, replacement rates, pillar pensions, supervision of pension funds, fiscal package, fiscal retrenchment, wage growth, aggregate demand, pension liabilities, contribution rate, tax advantage, fiscal sustainability, supervisory boards, fiscal outcome, fiscal outlook, tax revenue, pension income, contingent liabilities, fiscal assumptions, fiscal vulnerability, public expenditures, retirement age, national account, life expectancy, fiscal data, fiscal discipline, pillar systems, tax cuts, tax increase, long-term care, fiscal outturn, defense spending, central government ? ? ? ? ? tax revenues, pension sector, pension regulation, interest expenditure, tax credit, public debt, budget balance, insurance providers, retirement programs, older people, electronic form