Long live the shield!
A few days apart, the French executive received two accolades for its policy of combating inflation and soaring energy prices.
On Monday, the International Monetary Fund (IMF), at the end of its traditional economic assessment mission, noted the two positive effects of this policy: an inflation rate
"two to three points"
lower than it would have been without these measures, and growth that resists somehow.
The IMF anticipates GDP growth of 0.75% in 2023 - still lower than the official French forecast, which is 1%.
Thursday, it was the Institute of Public Policies and Cepremap who praised the shield.
It
“contributed to limiting the negative shock to economic activity”.
“Our estimates point to an additional GDP growth of 1.7 points for 2022”
, explained the economists who also underline the effect of the measure on the level of French inflation.
This allowed
“to delineate…
This article is for subscribers only.
You have 79% left to discover.
-70% on digital subscription
-70% on digital subscription
I ENJOY IT
Already subscribed?
Login