Travel, admissions… These expenses increase the deficit of the Elysée by more than 8 million euros

2024-07-29 16:25:21

INTRODUCTION – In 2023, the activities of the President of the Republic increased their expenditure by 11 million euros, according to the Court of Auditors.

How much is Republic gold worth? Does the Elysée Palace live like a mansion? Every year, the Court of Auditors hears accounts of the activities of the President of the Republic to answer these questions. In 2023, the Élysée posted a general accounting deficit of 8.3 euros « while it is balanced in 2022 », noted the Court. For its part, Palace made sure it didn’t “No debt, no deficit for fiscal year 2023”only the gap between forecasted expenses and actual expenses.

It is true that the State grant (110.5 million euros) and royal income – such as the sale of derivatives – (4.3 million euros) are not reached “financial cover» up sharply to 124.2 million euros, almost 11 million more than in 2022. According to the report published this Monday, this increase is important because « an increase in travel-related expenses

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