Support measures for businesses and individuals will continue next year.
In 2021, the government will mobilize more than 20 billion euros, announced this Friday Bruno Le Maire, the Minister of the Economy.
“It is not time to lift measures to support the economy,” he explained.
"This massive aid" will be integrated into the draft budget for 2021 currently being examined in Parliament, and will be redirected "to the sectors most affected.
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Prime Minister Jean Castex announced that deconfinement would be slower than expected, which will further increase the impact of the Covid-19 epidemic on many businesses such as leisure, catering or even events. .
In addition, when the closed sectors reopen, it will be at the cost of strict sanitary conditions, which risk limiting their activity.
The solidarity fund maintained "at least until the end of June"
According to Bruno Le Maire, the “pillar” of this new phase of emergency support will be the solidarity fund, the allocation conditions of which were tightened in December.
The government plans to devote 7 billion euros to it in 2021, maintaining it “at least until the end of June.
”In addition, 11 billion euros will be devoted to the support of partial unemployment both within the framework of the existing device which will be maintained at least until the end of January and for the partial activity of long duration.
The government also provides for one billion euros in tax exemptions for companies.
In this envelope, special aid will be added for ski resorts, young people, food aid and airports.
Of these 20 billion, 8.5 billion will be financed via carryovers of unspent credits this year for partial unemployment, the solidarity fund and exemptions from charges.
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Despite everything, the government is maintaining its growth forecast for next year at 8%.
The deficit should reach 8.5% of GDP (against 6.7% initially forecast) after 11.3% expected this year.
Regarding the debt, the government hoped to begin to decline thanks to the recovery.
He now expects it at 122.4% of GDP (against 116.2% forecast so far) after 119.8% this year.
