What if France didn’t want to scale back its public deficit? | EUROtoday

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LFrance's public deficit reached 5.6% of GDP in 2023, whereas a deficit of 4.9% of GDP was anticipated. This deterioration in public funds comes from weak development, the decline in VAT and company tax income; it compromises the whole trajectory of decreasing public deficits. If France's development stays near 1% till 2027, the general public deficit won’t be 2.7% of GDP in 2027, however it should most likely nonetheless be greater than 4.5% of GDP.

A consensus has emerged behind the concept, with this poor state of affairs of public funds, it’s essential to take measures in France both to scale back public spending or to extend the tax strain so as to keep away from a disaster linked to the surplus of deficits…