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Structural Part Investment Package Aruba, St Maartrn, Curacao, Response Written Consultation Overview of budgetary decision-making after the Autumn Memorandum

It was previously agreed that the loss of 910 million euros in 2021 with a framework correction will be offset against the proceeds from the countermeasure in later years. However, it now appears that by including a recall option in the policy decision when the foreign portfolio shareholder does become profitable in a year later, the loss is limited (see table 1). As shown in table 1, this gives a windfall of 460 million euros in 2021 and 180 million euros cumulative up to and including 2026, compared to the path agreed in the August decision-making. Co Continue reading

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