on the coronary heart of the budgetary slippage of Emmanuel Macron’s second five-year time period | EUROtoday

How did France go in a single 12 months from the 4.4% public deficit initially deliberate for the top of 2024, to six.1% lastly anticipated? Or a drift of fifty billion euros, unprecedented outdoors of a disaster interval? Was the 2024 funds disingenuous? Why have been the figures saying this spectacular decline solely launched after the legislative elections? Did the earlier authorities disguise the reality from Parliament and the French? So many questions that the fee of inquiry into the “drift in public finances” launched on Wednesday October 16 on the National Assembly. A transpartisan physique on which the Prime Minister, Michel Barnier, counts “tell the truth to the French”.

Bruno Le Maire, Minister of the Economy from May 2017 to September 2024, is on the coronary heart of the enigma. “I naturally stick to [la] total disposition » of the commission of inquiry, wrote on Wednesday about X, the former minister: “I will answer all his questions with complete transparency. » Coincidence of the calendar or not, the man who now gives courses in economics and geopolitics in a university establishment in Lausanne, Switzerland, and is subject to a media diet, invited around ten deputies to lunch in a restaurant on Tuesday star hotel located a stone’s throw from the Palais-Bourbon. A table in front of which the former number two in the government said ” happy ” with the prospect of “to be able to establish the responsibility of each person” in entrance of the parliamentarians of the fee of inquiry, experiences a visitor.

Because Bruno Le Maire doesn’t intend to hold the heavy burden of this unprecedented slippage alone. “We spent a lot”he admitted on September 12 in Bercy, whereas he stated goodbye in entrance of a number of hundred company, anticipating the trial that was going to be in opposition to him. introduced. “But who would dare say sincerely that these protection expenditures which some are now reproaching us for, after having begged us to spend more yesterday, did not respond to an economic case of force majeure? »he said, with a touch of bitterness.

Gloomy Treasury forecasts

Since the end of the Covid-19 crisis, the former Minister of the Economy has tried to embody budgetary seriousness. Did he not announce, as of August 25, 2021, the “end of “whatever it takes”” ? A speech that was inaudible on the time, even throughout the authorities. Just a few weeks later, the Prime Minister, Jean Castex, granted a “inflation compensation” of 100 euros per thirty days to French folks incomes lower than 2,000 euros web month-to-month, and blocked the worth of gasoline. In April 2022, a couple of days earlier than the primary spherical of the presidential election, the identical tenant of Matignon drew a “fuel discount” of 15 cents per liter to motorists, which can weigh closely on state funds (7.5 billion euros in 2022).

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