The public deficit for 2023 climbs to 5.5%, beyond government forecasts. The now consolidated figure largely exceeds the 4.9% initially planned by the government.
France has committed to reducing its deficit below 3% of GDP in 2027. To maintain the course of 3%, the government will have to make a new turn of the budgetary screw, Emmanuel Macron warned on Friday. Ten billion euros of cuts have already been made in mid-February in the 2024 budget. But it will be necessary to supplement "in all useful actions of public spending"