French PM Targets Modest Deficit Reduction by 2027

France's Prime Minister Sébastien Lecornu's draft budget aims for a modest deficit reduction to 4.9% by 2027, with the goal of reaching under 3% by 2029 now appearing less likely.

13 Aug, 13:45 — 13 Aug, 13:45

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le-mondeHigh2d ago

French PM aims for modest deficit reduction in 2027 with target of 4.9%

Le Monde has learned that Prime Minister Sébastien Lecornu's draft budget is based on a 'realistic' deficit reduction, without any major reforms. The goal of bringing the deficit under 3% by 2029 now seems even more unlikely.

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French PM Targets Modest Deficit Reduction by 2027

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French PM aims for modest deficit reduction in 2027 with target of 4.9%

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