DECRYPTION – One week before the presentation of the text, it is time for the government to decide on the numerous tax measures.
After weeks of frantic work in the post-appointment fog, Prime Minister Michel Barnier will detail his general policy declaration next Tuesday. « indications of the various account adjustment options », carefully informed those around him. It must be said, from a public finance point of view, that time is running out. According to the texts, the 2025 budget should have been presented this Tuesday.
« Given the political circumstances », the government gave itself a deadline of one week. « Around the 9 October », Laurent Saint-Martin, the Minister for Public Accounts, is committed to presenting this vital back-to-school text. However, given the budgetary circumstances, this finance bill (PLF) will require a significant, even unprecedented, effort to restore the accounts. In fact, France’s public deficit is about to slip past 6% of GDP (unheard of outside of a crisis period)…
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