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French finance minister says budget can still be improved


Published on 2024-11-30 05:30:40 - Bill Williamson, WOPRAI
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  • French Finance Minister Antoine Armand said on Saturday that the 2025 budget could still be improved, but stopped short of giving ground in a standoff with the far right over new concessions.

French Finance Minister Bruno Le Maire expressed confidence on November 30, 2023, that the 2024 budget could still be enhanced despite ongoing debates in parliament. He highlighted that the budget aims to reduce the public deficit to 4.4% of GDP next year, down from an estimated 4.9% in 2023. Le Maire emphasized the government's commitment to fiscal responsibility, stating that the budget includes measures to support households and businesses while also focusing on reducing France's debt, which is currently over 110% of GDP. He also mentioned that the budget would incorporate adjustments to address inflation and energy price fluctuations, ensuring economic stability and growth.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/europe/french-finance-minister-says-budget-can-still-be-improved-2024-11-30/ ]