The Ministry of the Economy, known as Bercy, on November 15, 2022 in Paris (AFP/Archives/JOEL SAGET)
State spending, excluding debt interest, should decline in 2024 thanks to the end of energy tariff shields, according to a preparatory document for the budget published Sunday by Bercy, a first since 2015, according to the ministry.
The credits granted to the various missions of the State for 2024 reach 356 billion euros, down 4.8 billion euros compared to 2023, according to this document, the progressive end of the tariff shields for gas and electricity explaining this decline.
Expenditure allocated to the “public energy service” program, which includes energy shields and the exceptional fuel allowance, fell from 21.7 billion euros to 7.7 billion euros, i.e. a saving of 14 billion , according to the “expenditure ceilings of the 2024 Finance Bill” sent to Parliament on Sunday.
The Ministry of the Economy also sees its spending ceiling drop by more than three billion euros with the end of the support window for companies that consume a lot of energy.
Savings are also made possible by the drop in unemployment, with less recourse to subsidized contracts from companies or on housing with the abolition of the Pinel system and the overhaul of the zero-rate loan announced in June.
The government has set itself the objective of reducing to 108.3% of Gross Domestic Product in 2027 (compared to 111.6% at the end of 2022) France’s heavy indebtedness, which ranks it among the poor European students, and to bring it under European objective of 3% the public deficit (4.7% at the end of 2022).
Among the best-off ministries, National Education sees its appropriations increase to 64.2 billion euros, i.e. 3.9 billion euros more, and the provisional ceiling for Defense is increased by 3.3 billion euros. euros to 47.2 billion euros.
The increase in spending for the army will be devoted to armaments and the revaluation of salaries, according to Bercy.
The missions concerning the Ministry of the Interior and Justice are also upgraded.
Bercy also ensures that an additional seven billion euros will be dedicated to ecological planning.
The “ecology, sustainable development and mobility” mission increases by 2.3 billion euros and actions are planned for the energy renovation of housing, cleaner mobility or even via the renewal of the “green fund” oriented towards communities. .
© 2023 AFP
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