Economy Minister Bruno Le Maire During an interview on BFMTV on Wednesday, he confirmed that there was “3 billion euros in excess tax revenue” compared to the state’s forecasts. about the spiraling public deficit.
“I can already tell you that today our tax revenues are good. As I speak to you, we have over €3 billion in tax revenue compared to that It is planned for May 2024. This is good news,” he said.
“We got into an accident”
In 2023 the state deficit decreased to 5.5% of GDP more than expected by the government, which at the beginning of the year blamed the slide on tax revenues 21 billion euros lower than expected last year.
“We had an accident. I readily admit it. In 2023, everyone fell upon us. An income crash has occurred, instead of being below 5, we are at 5.5 (percent of GDP),” the minister admitted. France was chosen by the European Commission for its severe public deficit.
“In 2024, we We have taken the necessary decisions to be at the level of 5.1 (% of GDP).. In 2025, we should be at the level of 4.1% (…) in 2027, we will be at 3”, he continued within the limits given by the European Commission.
Minister, not participating in legislative elections, The “app from the program National Rally or New People’s Front”.
Either they will lie and not do what they say and save money at the expense of the French, or they will raise taxes to keep that target below 3%. Either they are not lying and with supporting figures they will exceed the 7% deficit in the coming years.” Bruno Le Maire.