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No risk of recession in 2022, according to Olivier Dussopt

2022-04-25T07:40:26.930Z


The war in Ukraine will not weigh too much on the French economy, assures the Minister Delegate in charge of Public Accounts.


The start of Emmanuel Macron's second five-year term will be marked by good economic conditions, assures Olivier Dussopt.

We are not at risk of a recession in 2022

”, declared the Minister Delegate in charge of Public Accounts on BFM Business this Monday morning, the day after the re-election of the outgoing president.

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Despite the war in Ukraine, which weighs on prices, particularly of raw materials, and drives global inflation, "

we have a significant growth overhang, the Banque de France has calculated it at +2.8%

", added he pointed out.

In mid-April, the institution indicated that it forecast growth of 2.8% in France this year in a so-called “

degraded

” scenario, with prices for oil, natural gas and wheat even higher than today. today, and 3.4% in the so-called “

conventional

” scenario.

"

The tax receipts that we are seeing month by month are slightly higher than our forecasts, which testifies to the solidity of our economy

", he added, also insisting on the fact that Emmanuel Macron's commitments for his second five-year term - equivalent to "

about fifty billion euros of expenditure

" - were "

financed

".

Source: lefigaro

All news articles on 2022-04-25

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