One budget drives out the other. While the second part of the 2023 budget, devoted to expenditure, is still being debated in the National Assembly, the government is expected to present its amending finance bill (PLFR) on Wednesday November 2. This text, a classic end of the year intended to adjust the accounts of the State, is in fact the second amending budget of 2022. The first had been adopted in July, at the same time as the emergency measures for the power of purchases intended to combat the effects of the energy crisis.
At Bercy, we also recall that this second PLFR “is part of the continuity of the ‘purchasing power package’ voted this summer, one year after the implementation of the first measures to fight against the rise in prices”.
Concretely, the text endorses two recent announcements from the executive. First the implementation of an exceptional energy check, announced in mid-September by the Prime Minister, Elisabeth Borne, at the same time as the extension for 2023 of the tariff shield on gas and electricity for households. With an amount of 100 to 200 euros depending on income, it targets the poorest 40% of French people (12 million households). It must be poured “by the end of the year”specifies Bercy, and represents an expenditure of 1.5 billion euros for public finances.
Another measure, which dates from mid-October, is the extension until November 15 of the rebate at the pump of 30 centimes per litre, initially planned to last until November 1er November, which will cost 440 million euros. This generalized fuel aid must then drop to 10 cents per liter before being extinguished at the end of the year.
The amending budget also contains measures to support the ministries most affected by the surge in prices: 275 million euros to help universities and research operators pay their energy bills, and 200 million to finance the ministry’s fuels armies.
A few good surprises
As for France Skills, the operator in charge of learning, it sees its budget increased by an additional 2 billion euros “in order to meet the objective of 800,000 contracts signed this year”, says one at the Ministry of Economy and Finance. But “technical cancellations” of credits (such as the sums which had been set aside for possible defaults by companies on loans guaranteed by the State) make it possible to limit the total of new expenditure to 2.5 billion euros.
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