“We will continue on this path of rigor” to fill the budget deficit, which widened to 5.5% of GDP in 2023, assured Gabriel Attal on Tuesday before the National Assembly.
We will continue on this path of rigor and responsibility always with a common thread (…) that of work because the more French people we have working, the more possibilities we will have to balance our finances, declared the Prime Minister by citing the unemployment insurance reform, during the question session to the government.
Gabriel Attal is due to hold a government seminar on this theme of work on Wednesday morning at Matignon before being questioned by TF1 on the 8 p.m. news. He was responding to the leader of Les Républicains deputies Olivier Marleix who described the situation of public finances as serious.
The debt is a peg of Damocls above our country
The reality is that there has been an economic slowdown, and in the face of this, Obviously, great rigor is required in the choices we make. This is what my government did by issuing a decree to cancel 10 billion euros in credits, argued the head of government.
We agreed to take these measures in the face of an economic slowdown and lower revenues, he added, blaming the Covid epidemic which hit the whole world and which obviously had an impact on our finances.
France’s public deficit reached 5.5% of GDP in 2023, revealed Tuesday to INSEE, or 15.8 billion euros more than what the government had planned, complicating the debt reduction objective yet reaffirmed Tuesday by the Minister of the Economy Bruno Le Maire. Debt is a sword of Damocles hanging over our country and the sovereignty of a country is obviously its ability to get out of debt, said Gabriel Attal.