an addition to 50 billion euros for government measures

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Even before the contours of the bill on purchasing power are announced, the government multiplies the announcements. Journalist Anne Sylvain returned to the financing of these boosts to the French, Wednesday June 29.

It is an escalation of measures and expenditure to which the government has done in recent days to fight inflation: extension discount 18 cents on fuels, the announcement of a food check of 100 euros which will cost 1 billion euros, revaluation of the index point of civil servants for 7 billion euros or even the increase in social benefits (retirement, RSA, housing allowances ) which would also cost 7 billion euros. The total cost of this aid to the French should reach 50 billion euros by the end of the year.

Funding that will not pose a problem according to the words of the Minister in charge of public accounts Gabriel Attal, who advances the sum of 55 billion euros in additional revenue. However​, the country’s overall budgetary situation remains worrying according to Anne Sylvain, with a public debt which has reached the colossal figure of 2,900 billion euros. A situation which is likely to worsen with the obligation to complete a deficit budget to have recourse to the loan, whose interest rates have increased with inflation. An additional cost of repayment of the debt which is estimated at 17 billion euros.

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