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Dutch Break Debt-Cutting Habit With Plan for Investment Fund

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Breaking with a traditional penchant for cutting debt, the Dutch are giving the economy a hand.

The Dutch government unveiled on Tuesday its proposal for a national investment fund that will take advantage of historically low interest rates and end an era of debt reduction in favor of fiscal stimulus. Finance Minister Wopke Hoekstra provided the outlines of his 2020 budget that includes plans to invest in the country’s long-term growth.