In 2027, the State will spend extra to repay its debt than on National Education | EUROtoday
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VS'is a heavyweight in state spending. And the scenario continues to worsen. After years of very low, even detrimental, rates of interest – traders had been paying to finance France's debt! –, key charges reached as much as 4% in 2023. Since then, it’s been a chilly bathe. The debt burden – all of the curiosity paid by the State – elevated from 35.7 billion euros in 2020, simply earlier than the change in budgetary coverage, to 50 billion in 2023, in response to INSEE .
Debt curiosity has already exceeded the price range allotted to Defense (43.9 billion in 2023, in response to the finance invoice) and Ecology (35.7 billion). And this case, already worrying, won’t enhance within the years to come back. According to this system…
https://www.lepoint.fr/economie/en-2027-l-etat-depensera-plus-pour-rembourser-sa-dette-que-pour-l-education-nationale-24-04-2024-2558542_28.php