The First President of the Court of Auditors was the guest of “8h30 franceinfo”, Tuesday October 3, 2023.
Pierre Moscovici, First President of the Court of Auditors, was the guest of “8h30 franceinfo”, Tuesday October 3, 2023. Budget, deficit, housing crisis, cinema… He answered questions from Jérôme Chapuis and Salhia Brakhlia.
The 2024 budget is not “insincere”, but “there is optimism”
The growth forecast is “high”according to Pierre Moscovici, while the 2024 budget is based on growth of 1.4%, which“no forecasting institute gives”. But “the budget is not insincere”which would mean a “intent to deceive. There is no intention to deceive”he insists. “There is optimism, others will say voluntarism”according to him. “The problem behind this, if the forecasters are right, then we will have a very high deficit and this poses credibility problems for France, an increase in its debt and therefore we say that we need rigorous, serious management. “
Deficit: “3% at the end of the five-year term, it’s tenable but not very ambitious”
Return below 3% of the deficit at the end of the five-year term, “it’s realistic and tenable, but it’s not very ambitious”, affirms the First President of the Court of Auditors. France is not one of the “good students of the euro zone”like the Netherlands, Germany, Greece, which “are below 3%”. “All the countries in the euro zone will be there in 2026”, notes Pierre Moscovici. The public finance programming bill 2023-2027, which accelerates the government’s objectives in terms of debt reduction and reduction of the public deficit by the end of the five-year term, was adopted on the night of Friday to Saturday, after the rejection of the motion of censure filed by Nupes.
Housing: current policy “is not effective”
Current housing policy “is not effective”it is necessary “rethink almost completely”, reacts Pierre Moscovici. There is no “neither construction nor social housing”he notes. “I’m not saying we need to spend less, but it’s a policy that needs to be almost completely rethought” with in particular a return to management “local”.
Cinema: “We really need to reform financial support”
“We have a wonderful cinema policy in France” but “we produce a lot of films” And “a good third do not reach more than 20,000 spectators in theaters”, recalls Pierre Moscovici. In a report published on September 20 on the management of the National Center for Cinema and Animated Images (CNC), the highest French financial court has, in fact, called for “a thorough reform of aid” financial grants granted to the 7th art in France.
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Find the entire “8:30 a.m. franceinfo” from Tuesday October 3, 2023: