In the corridors of the Ministry of Finance, we expect a
“
very tense
”
sequence , despite the efforts made for weeks to
“
prepare
”
public opinion.
The deficit and debt figures published this Tuesday by INSEE risk having the effect of a hammer blow.
Initially forecast at 4.9% of GDP, the 2023 public deficit will be
“
significantly
”
higher, Bruno Le Maire announced several days ago.
Since then, we have been lost in conjectures: some believe they know that it is expected at 5.3% of GDP;
others cite the figure of 5.7%.
Senator LR Jean-François Husson assures that documents from the Bercy administration - where he was invited on Friday - show a deficit of 5.6%.
In any case, this significant slippage will upset the debt reduction trajectory of France, which had committed to Brussels to reduce its deficit to 2.7% in 2027. Today, moreover, Bruno Le Mayor simply mentions a lower deficit objective…
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