The warning is launched to the government and the Head of State who have been increasing the number of promises in recent weeks.
In their opinion on the state budget at the end of the Macron five-year term, the High Council of Public Finance - an organ attached to the Court of Auditors - criticizes the executive's method.
And for good reason!
Presented this Wednesday in the Council of Ministers, the 2022 finance bill does not include, "in
particular
“, Two important political measures announced by Emmanuel Macron, last July. Namely, the engagement income for young people, which could cost 2 billion euros annually, as well as the investment plan, which should mobilize more than 30 billion euros over several years, a significant part of which as of 2022. Still awaiting arbitration, these two measures should be incorporated by government amendment during the examination of the text in Parliament, probably in mid-October during the first reading by the deputies.
"
The High Council regrets these referral conditions which do not allow it to give a fully informed opinion on the public finance forecasts for 2022 for Parliament and citizens, in application of its mandate
", criticize the eleven members of the Council. the institution, including the president of the Court of Auditors, Pierre Moscovici. Result: at this stage, they cannot comment on the government's forecast of a public deficit of 4.8% of GDP next year, insofar as spending should therefore increase. Never seen!
The High Council is also very critical of the employment and wage bill forecasts deemed "
too low
" for 2021 and which should therefore be "
higher in 2022
".
But, this time, it is rather good news for the government because the more the wage bill is important, the more the public revenues are supposed to increase.
Vigilance on the sustainability of public accounts
More broadly, on the public debt weighed down by the crisis and which should amount to 114% of GDP in 2022, budget experts call once again for "
greater vigilance
" as to the sustainability of public accounts in the medium term. term. "
In this context, it will be important that any increase in revenue compared to the forecast be devoted to deleveraging
", insists the High Council. The message is sent to the executive and the President of the Republic who might think that better tax revenues would give them some leeway ...
