2023-09-25 19:01:10
Published on September 25, 2023 at 6:33 p.m. Updated on September 25, 2023 at 7:01 p.m.
While he announced new aid on Sunday to cushion the shock of rising fuel prices for low-income workers, Emmanuel Macron nevertheless assured that “whatever it takes” was well and truly buried. “We have moved away from this logic,” insisted the head of state.
The public finances programming law (LPFP) – the new outlines of which were revealed this Monday – gives an idea of the road to take before transforming this promise, stated many times, into reality: Bercy promises no less than 12 billion euros of savings per year between 2025 and 2027 on the State and Social Security to straighten out the accounts, also helped by relatively sustained growth. A bet which “lacks credibility”, in the eyes of Pierre Moscovici, the president of the High Council of Public Finances, who also gave his opinion on this trajectory this Monday.
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