Child benefits will be cut by 3% in the coming quarters due to falling energy prices. The amount moves with the consumer price index. Last year, when energy prices soared due to the war in Ukraine, resulting in record inflation, child benefits increased by more than 16%.
“I realize very well that this will be a setback for struggling parents,” says Minister Karien van Gennip (Social Affairs). He points out that in August the cabinet will examine “the whole purchasing power picture” for next year. “In doing so, explicit attention will be paid to child poverty, families and the social security of Dutch families.”
The quarterly amount for children up to 6 years of age will decrease by 8.06 euros to 261.70 euros, that for children aged between 6 and 11 by 9.97 euros to 317.77 euros and that for children from 12 to 18 years of 11.52 euros to 373.85 euros. The reductions will take effect from 1 July. At the beginning of next year, family allowances will once again be adjusted to the average price level.
Source: BNR
Fernando Dowling is an author and political journalist who writes for 24 News Globe. He has a deep understanding of the political landscape and a passion for analyzing the latest political trends and news.
