Bruno Le Maire called on right-wing deputies to take responsibility and vote on the public finance programming law at the end of September. A position taken by LR which would allow the government to have the text adopted without resorting to article 49.3.
The Minister of Economy and Finance, Bruno Le Maire, on Thursday called on the Republicans to have a “sense of responsibility” and to vote on the public finance programming law at the end of September. This law, designated by the acronym LPFP, sets France’s annual deficit and public debt objectives until 2027. Rejected last year by Parliament, the text will be presented again in an extraordinary session in the last days of September, which would allow the government to use 49.3 to have it adopted without a vote, unless a motion of censure is adopted – a threat brandished within the Republicans, in opposition.
“I’m not going with the idea that you necessarily need a 49.3”
“If everyone shows openness and a sense of responsibility, we can pass this text without 49.3,” added the Minister of the Economy. Bruno Le Maire indicated that he would meet in particular with Olivier Marleix, the president of the LR group in the National Assembly: “Let’s build a majority on this public finance programming law to show that we are responsible”, he said. -he says. The Minister of the Economy stressed that such a programming law had been adopted “in all the other countries of the euro zone”.
“I hope that France also has the same text,” continued the number two in the government. “It is our collective interest to show the credibility of our expenditure and our revenue to our compatriots, to our European partners and incidentally to the markets which allow us to raise the money we need to finance our debt”, a- he hammered.
A new parliamentary rejection would cause France to lose around ten billion euros in European funds in 2023 and eight billion in 2024, according to the government.