The French finance minister Eric Lobar stated that the state of its budget of France she is “serious,” adding that she sets a goal deficit for the 2025 in its range 5% to 5.5% of gross domestic product (GDP).

Lombar also told France Inter radio station that the budget deficit will “probably” be around 6.1% in 2024.

He added that the 2025 budget now targets 50 billion. euros in cost savings, adding that French business leaders are concerned that France still does not have a budget for 2025.

France hopes to reach an agreement on the budget next month, Amelie de Monsalen, the minister responsible for the budget, said earlier.

“The aim is to have a budget during the month of February, so that by the end of February at the latest, French citizens can get out of this uncertainty and impasse, nor so that citizens, such as farmers and others, can to have more clarity,” Montsalen told France 2 television.