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The High Council of Public Finances denounces an incomplete 2022 budget, which prevents it from giving a "fully enlightened" opinion

2021-09-22T07:53:01.105Z

The authority regrets in an opinion "these conditions of referral", adding that it "is not at this stage in a position to pronounce on the plaus



The High Council of Public Finances (HCFP) on Wednesday blasted the government's 2022 budget proposal, saying it was unable to deliver a "fully enlightened" opinion, "large-scale measures" not having been included in the document sent to the independent body.

Read alsoBudget 2022: the delicate exit from "whatever the cost"

"The High Council regrets these referral conditions", he indicates in his opinion, adding that he "is not at this stage in a position to comment on the plausibility of the deficit forecast for 2022 (-4 , 8 points of GDP) ”.

This is the first time since 2016, and the last budget of François Hollande's five-year term, that the HCFP is so severe with a budget bill.

The draft text that the government must adopt in the Council of Ministers on Wednesday does not in fact include the investment plan and the engagement income for young people, on which the executive is still working, and which should represent several billion dollars. euros of additional expenses.

"If, as is likely, the macroeconomic and public finance scenario were modified to take these measures into account, a new referral to the High Council by the government would then be necessary," warns the HCFP.

In addition, freed from the pressure of the Covid, the Social Security budget for 2022 will show a target for health insurance expenditure (Ondam) down slightly, for the first time since its creation in 1997, the High Council of public finances (HCFP).

After jumps of 9.4% in 2020 then 7.4% in 2021, Ondam should fall by 0.6% next year (around 234 billion euros, editor's note), specifies the HCFP in its opinion on the draft budget for 2022, without excluding a new slippage because the provision of 5 billion euros for tests and vaccines "could turn out to be underestimated".

Source: leparis

All business articles on 2021-09-22

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