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Inflation: why prices should not be cut

2023-05-01T20:26:50.715Z


CHRONICLE - The Ministry of the Economy is preparing the next finance bill in a fragile economic context.


In the spring, the days of the Budget Department, at Bercy, get longer.

Once the ritual framing letter sent by Matignon to all the ministries, the teams enter the hard work of designing the next finance bill.

Await months of ballet with the ministries, punctuated by psychodramas around credits deemed essential and yet refused.

The 2024 financial year should not cut it, especially since Elisabeth Borne has assumed to ring the end of “whatever it costs”, asking each minister to find 5% savings on its perimeter.

No sooner had this demanding slogan been given than it was contradicted by the announcement of the extension of the tariff shield on electricity for individuals.

"

I give us two years, by the start of 2025, to get out of the shield on electricity

", warned Bruno Le Maire, who justifies this extension by tariffs remaining "

very high

" in comparison with the situation before crisis.

The output of the shield will be…

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Source: lefigaro

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