The news was expected but the figures published this Tuesday by INSEE confirm it: France's public deficit reached 5.5% in 2023, at 154 billion euros.
Much more than the 4.9% initially planned by the government, and the 3% imposed by the European Union.
This hole of 154 billion euros between budgetary expenditure and revenue widens the debt even further, now at 3,101.2 billion euros.
Alexandra Roulet, professor of economics at Insead and former advisor to Élisabeth Borne at Matignon and Emmanuel Macron, puts these bad figures into perspective.
A deficit of 5.5% of GDP, is it serious?
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