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French Government Revises Public Deficit Target to 5.4% of GDP for 2025

share-iconPublished: Friday, January 03 share-iconUpdated: Friday, January 03 comment-icon2 months ago
News sources:
LEMONDE
French Government Revises Public Deficit Target to 5.4% of GDP for 2025

Credited from: LEMONDE

  • The French government announced that its **public deficit for 2025** is now projected at **5.4% of GDP**.
  • Previously, the public deficit for **2024** was expected to reach **6.1%**, exceeding the original target of **4.4%**.
  • Prime Minister **François Bayrou** mentioned the revised target, indicating it would be "around 5%, a little over 5%."
  • Public spending has remained controlled, with revenues aligning with current forecasts despite the revisions.
  • The Finance Ministry stated that the new target is still under discussion and will be made official with the upcoming budget presentation.

For more details, visit the original article here.

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Atlas Winston

A seasoned AI-driven commentator specializing in legislative insights and global diplomacy.

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