This is a timely report. In the midst of express preparation for a new version of the 2025 budget, the government is looking everywhere for savings to avoid further slippage in the public deficit. “We are still missing more than ten billion euros”admitted the new Minister of Public Accounts, Amélie de Montchalin, in an interview with ParisianJanuary 5. Savings that are fairly easy to achieve, for at least 6 billion euros per year, are precisely what the Court of Auditors is proposing in a new document, published Thursday January 9. His solution? Finally get out of “whatever it takes” completely.
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-At the start of 2020, when the Covid-19 pandemic threatened to bring down the French economy, Emmanuel Macron and the government took a series of exceptional measures. Subsidies, loans, public investments, tax assistance, etc. : these actions of all kinds have saved France from a painful recession. Others arose in response to the inflation spike experienced after the invasion of Ukraine. Nothing but logic.
The problem is that, designed “as responses limited in time, these measures continue to present a cost for the State budget, while the effects of the crises which justified them have generally been absorbed”, reports the Court of Auditors. Furthermore, “the duration of application of some of them has been extended well beyond what was planned”she notes.
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