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Policy making in turbulent times

Deloitte Belgian CFO Survey - Q3 2009

 Graph: % of CFOs that think the outcome of the regional elections will have a positive impact on the efficiency and effectiveness of financial and economical policy making

Out of the second quarter survey we learned that 35% of CFOs expected the outcome of the elections would have a negative impact on the efficiency and the effectiveness of economic policy making. One quarter later, no less than 75% of CFOs are negative about impact of domestic Belgian politics on policy making.

Following the results of the Belgian regional elections on 9 June, CFOs reported limited confidence in the impact of the results these elections on the efficiency and effectiveness of financial and economic policy making in Belgium.

One quarter further in the year, optimism related to the impact of the Belgian domestic political situation has become even more gloomy.

Confidence in politics is low, 74% of CFOs report the domestic political situation will have a negative impact on policy making.

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