Dirk De Smedt Appointed Brussels Finance Minister Amid Political Tensions and Fiscal Reform Push
October 18, 2025
Dirk De Smedt is a prominent Belgian political figure known for his expertise in fiscal policy and his influential role in shaping Brussels' budgetary architecture, having worked closely with politicians like Guy Vanhengel and Frédéric De Gucht.
Throughout his career, De Smedt has held significant positions, including head of Brussels Taxation and cabinet chief, reinforcing his reputation as a formidable operator in Brussels' fiscal governance.
He is characterized as a rigorous, action-oriented economist with a background in econometrics, and has played a key role in financing major infrastructure projects such as the Leopold II tunnel through public-private partnerships.
De Smedt's passionate personality was evident in a 2011 incident when he vocally protested the proposed refinancing of Brussels, highlighting his passionate and sometimes eccentric approach to fiscal issues.
Despite his conservative fiscal stance, colleagues note that he can be pragmatic and effective in negotiations, often understanding complex problems and making deals, which contrasts with his authoritarian reputation.
Recently, De Smedt was appointed as Minister of Finance for the Brussels government, representing Open VLD, with a strategic goal to enforce fiscal discipline and establish a 'firewall' against PS influence amid ongoing political tensions.
His appointment is seen as a move by Open VLD to impose fiscal rigor and introduce austerity and reforms into Brussels' financial management, reflecting broader political struggles.
Ironically, De Smedt's role as a symbol of fiscal discipline and reform is contrasted by his past involvement in administrative restructuring and budget management, which have also contributed to financial challenges in Brussels.
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