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For its latest budget, the executive gives up savings

2021-09-09T18:18:38.058Z


Recurrent expenditure is expected to increase by 11 billion compared to 2021. The government has yet to agree on the investment plan and the engagement income for young people.


The government is certainly right to rejoice: after eighteen months of an unprecedentedly violent health crisis, economic activity is on the way to recovering its pre-crisis level with growth estimated at 6% in 2021. - instead of the 5% initially planned then 4% - next year.

The indicators are displayed in green on the job market.

And the dreaded cascading corporate bankruptcies have not happened, at least for now.

See also

Public debt: does France risk “dropping out” compared to its European partners?

But the future is likely to be disillusioned.

The damage is particularly heavy in the area of ​​public finances.

Estimated initially at 5.3% of GDP, the public deficit should certainly stand at 4.8% next year,

"in particular due to stronger growth than expected",

insisted the Minister of the Economy, Bruno Le Maire, Thursday, during a press conference on the 2022 finance bill. A slight improvement which does not, however, hide a sad reality: already degraded even before the pandemic

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Source: lefigaro

All news articles on 2021-09-09

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