Public finances: Paris delays sending its projections

ANALYSIS – Theoretically, the States inform Brussels at the beginning of April of their commitments for the coming years.

Good news for the Bercy teams, who have been working night and day for two weeks on the economic consequences of the war in Ukraine. The government has decided to postpone the sending of its stability program to Brussels. This public finance programming text is expected each year by Brussels in April.

The States are asked to detail their forecast, over three years, of the evolution of the deficit, of public expenditure and revenue, as well as of debt. Suffice to say that, in times of great instability, the work is delicate. Once all the copies have been collected, theoretically before April 15, the European Commission generally informs the States of its recommendations during May. The new French executive, once the next head of state is elected on April 24, will therefore not have to delay in turn transmitting its projections.

After the presidential

“We have postponed the date of the dispatch, because the stability program will obviously be different depending on the candidate…

This article is for subscribers only. You have 69% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

Already subscribed? Login

Source link -93