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The Minister of the Economy, Bruno Le Maire, presented the finance bill for 2024 on Wednesday September 27. A sign of the tense financial situation, the amount borrowed on the markets will be greater than 270 billion euros.
Getting the country out of debt while fighting inflation is the equation of the government which presented on the morning of Wednesday, September 27, the budget for the year 2024. The objective is to achieve 16 billion savings. To achieve this, several measures have been announced, including the end of the energy tariff shield, which should bring in 10 billion euros to the State. A reduction in aid to businesses should make it possible to make 4.5 billion euros in savings on employment policy, as well as additional resources with the reform of unemployment insurance.
New tax on motorway concessions and airports
The promised tax cuts are postponed until 2025. They should amount to 2 billion euros for the middle classes. On the spending side, the executive plans 10 billion euros in favor of the ecological transition. As such, a new tax on large motorway concessions and airports should generate 600 million euros.