France’s Draft Budget Targets 4.7 Percent Deficit Amid Fiscal Challenges
The government seeks to balance spending cuts with economic recovery goals.
France’s new draft budget sets a target deficit of 4.7 percent of GDP as the government works to restore fiscal stability while sustaining public investment.
Defense, green energy, and social spending remain key priorities, even as officials face pressure from Brussels to reduce debt.
Finance Minister Sébastien Lecornu said the budget reflects a commitment to discipline without stifling growth or public confidence.
Defense, green energy, and social spending remain key priorities, even as officials face pressure from Brussels to reduce debt.
Finance Minister Sébastien Lecornu said the budget reflects a commitment to discipline without stifling growth or public confidence.
