French government scales back plans to reduce deficit in 2027
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PARIS — France’s Economy Minister Roland Lescure said on Thursday a “stable public deficit” was the goal for next year’s budget.
The government was initially aiming to bring France’s 2027 deficit below 5 percent of GDP, the current estimate for this year, in its upcoming budget bill, with a target reportedly set at 4.9 percent.
But grim economic forecasts and a fractured parliament are making its deficit reduction trajectory more and more elusive, including a gover
The government was initially aiming to bring France’s 2027 deficit below 5 percent of GDP, the current estimate for this year, in its upcoming budget bill, with a target reportedly set at 4.9 percent.
But grim economic forecasts and a fractured parliament are making its deficit reduction trajectory more and more elusive, including a gover
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