The Banque de France now estimates that the gross domestic product (GDP) will rebound by 5% next year, after a drop of 9% this year, a sign that the French economy will take longer to return to its previous level. crisis than anticipated so far.
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The hypothesis is that the epidemic would not end immediately and that the
generalized deployment of vaccines
would not be fully effective until the end of 2021
”, which means that “
the level of activity at the end of 2019 would not be recovered until mid- 2022
”, explains the Banque de France in its macroeconomic projections published on Monday.