“Responsibility is neither austerity nor carelessness,” insisted the Minister of the Economy, while the public deficit for the year 2023, initially forecast at 4.9% of GDP, could actually rise to 5.6%, according to recent forecasts from Bercy.
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“This is not the right solution.” While the government is called upon to justify itself in a context of slippage in the public deficit, the Minister of the Economy Bruno Le Maire assured on BFMTV, Friday March 22, that “Taxes will not increase.” “They are already very high. We have lowered them since 2017. And it would be completely inconsistent to say: ‘we lowered taxes for seven years and now we are going to raise them'”, insisted the minister.
The public deficit for the year 2023, initially forecast at 4.9% of GDP, could in reality rise to 5.6%, according to recent forecasts from Bercy updated Thursday by senator LR Jean-François Husson, general rapporteur of the Finance Committee.
“We have a very clear course: to return the public deficit below 3% in 2027. We must do it methodically, with determination, but we must not give in to I don’t know what haste or I don’t know what worry”continued Bruno Le Maire. “Responsibility is neither austerity nor carelessness”, he hammered, “it means meeting our public finance objectives in more difficult circumstances.”
