The Limited Times

Now you can see non-English news...

The impossible preparation, at this stage, of the draft budget for 2021

2020-03-30T18:21:31.650Z


Confinement and idle activity make it impossible to draft the finance bill.


Even if the impact of the crisis promises to be particularly heavy for public finances, today no one can assess the extent of the damage. It is in this context of immense health, economic and financial uncertainty that the teams of the Ministries of the Economy and Public Accounts are trying to continue their work, as best they can, in order to develop the 2021 budget, the famous " finance bill '(PLF) for next year. For the moment, it's mission impossible. " The services continue their technical exchanges in the first semester as they can but everyone is at this stage focused on the proper implementation of emergency measures ," said one in Bercy.

It is true that to build the state budget, Bercy must be able to rely on reliable economic forecasts in order to determine the revenues that the state will pocket and calculate expenses. However, as long as France is confined and activity slows down, the executive cannot proceed

This article is for subscribers only. You still have 72% to discover.

Subscribe: € 1 for 2 months

cancellable at any time

Enter your email

Already subscribed? Log in

Source: lefigaro

All news articles on 2020-03-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.