Netherlands lowers funding need by almost €30bn

By Burhan Khadbai
17 Sep 2020

The Dutch State Treasury Agency has revised down its 2020 borrowing programme as a result of a better improvement than expected in its cash deficit.

The DSTA expects its funding need to stand at €110.7bn for the year, down from the €138.8bn it estimated at the end of June. 

The sovereign’s cash deficit was forcasted to be €95.1bn at the end of June. Its new forecast is €66.9bn, thanks to a smaller than expected ...

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