Selected Issues Papers

The Fiscal Cost of Aging in Belgium: Pensions and Healthcare

By Jean-Jacques Hallaert

December 19, 2023

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Jean-Jacques Hallaert. The Fiscal Cost of Aging in Belgium: Pensions and Healthcare, (USA: International Monetary Fund, 2023) accessed December 21, 2024

Summary

Belgium faces a fiscal consolidation challenge at a time when the fiscal cost of aging—primarily related to pension and health outlays—is mounting. Pension spending will increase relatively fast unless a combination of measures related to pension generosity and retirement eligibility are put in place. Potential efficiency gains are large in the health sector and could absorb part of the fiscal and reorganization costs related to an aging population.

Subject: International organization, Monetary policy

Keywords: Aging, Belgium, Fiscal cost of aging, Healthcare, Pensions

Publication Details

  • Pages:

    33

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Selected Issues Paper No. 2023/065

  • Stock No:

    SIPEA2023065

  • ISBN:

    9798400264405

  • ISSN:

    2958-7875