2024-03-05 20:14:59
By Julie Ruiz
Published yesterday at 6:18 p.m., Updated yesterday at 9:14 p.m.
The Ministers of Public Accounts and the Economy, Thomas Cazenave and Bruno Le Maire, are concerned about France’s budgetary situation. SARAH MEYSSONNIER/REUTERS
While taxes are coming in less well than expected, the government had to urgently develop its 10 billion savings plan.
“Awareness”, “startle”, “electroshock”… At the top of the state, a figure completely changed the situation at the start of the year. “We have received negative signals on our revenuesrecognizes Thomas Cazenave, the Minister of the Budget. At the beginning of 2024, we noted that 2023 tax revenues were lower than the government’s forecasts.” Last January, Bruno Le Maire had already shaken his government colleagues during a Council of Ministers. The Minister of the Economy announced to them a state budget deficit of 173 billion euros in 2023. That is to say 2 billion more than the forecasts issued by Bercy in November on the occasion of the end of management bill (PLFG). However, this text itself already showed a deterioration in the deficit of nearly 6.4 billion compared to the 2023 finance law passed at the end of 2022. This spiral of bad omen for the budgetary objectives is explained by the inexorable decline in tax revenue observed with anxiety, month after month…
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