PARIS (Reuters) – The government’s draft budget will provide for a public deficit for the end of 2025 which “does not significantly exceed 5%”, said Public Accounts Minister Amélie de Montchalin in an interview published Monday in Le Parisien.
From Monday, the Minister of the Economy Eric Lombard will receive the various political parties in Bercy to prepare the 2025 budget. France is the subject of an excessive deficit procedure and its public deficit should climb beyond 6 % in 2024
“We have to find a compromise and everyone has to take a step. Let’s be clear: this budget will neither be that of the right, nor that of the left, nor that of the center. It will not be the ideal budget of a party, it will be that of the country,” declared the minister.
“The special law was passed unanimously, we can find a majority” on the budget, she added.
Plunged into political crisis since the dissolution of the Assembly decided by Emmanuel Macron in June, France has not been able to pass a budget for 2025.
In the meantime, the National Assembly adopted a special law in mid-December based on the 2024 budgetary guidelines to ensure the continuity of public services.
(Report by Gilles Guillaume)
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