The facts –
According to the government’s referral to the High Council of Public Finances, the rate of compulsory deductions, excluding tax credits, would reach 43.6% of GDP in 2025 compared to 42.8% in 2024. The rate of public spending would decrease slightly by 56.8% to 56.7% of GDP.
Eric Lombard announced this Thursday morning during his greetings to the economic forces. The 2024 public deficit should have reached 6% of GDP rather than 6.1%. Good news linked to a state deficit lower than the end-of-year target. This figure, however, remains to be confirmed, since the 2025 GDP is not yet known, but this will not be too much to meet the objective of reducing the gap between public expenditure and revenue to 5.4% of GDP as promised. by François Bayrou.
