Growth will therefore not be there.
Bruno Le Maire chose to admit it, finally, Sunday evening on television.
For months now, the various economic institutes and international organizations – the IMF, the OECD, the OFCE, Rexecode, the Banque de France – have been warning: the country's GDP will grow this year at a sluggish pace, around 0 .5% according to the pessimists, at best 1% for the most optimistic.
However, the government built its 2024 budget with a growth assumption of 1.4%.
The translation of these abstract figures means billions of euros less tax revenue than expected in the state coffers.
There is no question of letting the public deficit slip further, which already places France among the five member states of the euro zone with the most unbalanced budgets.
The current trajectory of public finances will already lead us to have to spend, in 2027, more than 80 billion euros to pay the burden of our colossal debt.
It will be…
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