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The Court of Auditors points to the sharp rise in the state deficit ... before the Covid-19 crisis

2020-04-28T08:11:54.228Z


The state budget deficit increased by 16.7 billion euros in 2019 compared to the previous year, reaching the highest since 2010.


In the midst of the coronavirus crisis, the Court of Auditors published, on Tuesday, its report on the execution of the 2019 budget which had been heavily impacted by the movement of yellow vests. Long awaited in normal times, this report shows above all that before even plunging into the red this year in the context of the recession of unprecedented violence which is hitting France, the finances of the State were already under very high tension.

Courts of the rue Cambon note an increase in the budget deficit of 16.7 billion euros compared to 2018, which reached 92.7 billion euros. "This is the second consecutive year of an increase in the deficit (after + 8.3 billion in 2018) and it is the highest level since 2010, a year affected by the economic and financial crisis and the cost of the recovery plan . While the deficit had followed a slow reduction trajectory since 2011 until 2017, it started to rise again in 2018 and this trend continued in 2019 " , underlines the

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Source: lefigaro

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