2023-08-24 10:51:00
No question of deviating from the trajectory, including a few weeks before the presentation of the 2024 finance bill in the Council of Ministers, and when the examination should be difficult, in the absence of a majority in Parliament. The Minister of the Economy, Bruno Le Maire, indeed assured this Thursday that the government would not deviate not an inch of the policy he has pursued so far in favor of companies, during his back-to-school speech in Alex (Haute-Savoie).
Bruno Le Maire, a return to the presidential election
« I want to reassure all those who have supported us for more than six years “, he insisted, “ you can count on us, we will not deviate an inch from the only economic policy that has given the best results that France has known for 40 years: the policy of supply ».
Fears confirmed
The statement, if it is not new on the merits – sending a clear signal on the benches of Parliament before the examination scheduled for the fall -, comes especially when Bercy has begun a standoff with employers.
The mayors of France accuse the government of not compensating for the abolition of the CVAE
Medef and CPME officials denounced last Tuesday a possible new spread over time of the abolition of a production tax: the CVAE. This Thursday, Bruno Le Maire confirmed his final disappearance by the end of 2027. The contribution on the added value of companies will be “ permanently deleted by the end of 2027, and the reduction of this tax will continue from 2024 “, specified the minister.
More generally, ” we must continue to lower taxes: we will do it on production taxes because that penalizes industry and we will also do it on households, income tax with a reduction of two billion euros that we will make as soon as the conditions are met “, added Bruno Le Maire in front of journalists at the end of his speech.
However, the contribution on the added value of companies has been reduced by half this year and was initially to be completely abolished in 2024. The comments of the tenant of Bercy thus confirm the fears of employers.
Foreign investments more supervised
In addition to the 2024 budget, Bruno Le Maire announced Thursday his intention to tighten state control of foreign investment in French companies.. “We will expand the sectors eligible for controls, in particular to the activities of extraction and transformation of critical raw materials, because these sectors have become decisive for the sovereignty of the country. “, he indicated, adding that the control, automatic when a non-European investor buys 10% or more of the capital of a firm, would be extended to the acquisition of stakes in ” French branches of foreign companies ».
Finally, the Minister of the Economy indicated that distributors and manufacturers will be meeting next week ” to make a new point on the fight once morest the expensive life ». « I had indicated that inflation would start to slow in the summer of 2023. Here we arehe assured. INSEE figures confirm that inflation began to slow this summer.The National Institute of Statistics measured the soaring prices in food at 12.7% over one year in July, a sharp increase, however less than in June (+13.7% over one year).
A meeting in Bercy on the expensive life
A reduction in the level of inflation is not a fall in price, but a lesser rise. Moreover, prices had already started to appreciate a year ago. In total over two years, inflation in supermarkets is greater than 21%, recalled Thursday the specialized media LSA associated with the panelist Circana. INSEE is to publish its statistics for August next week, Thursday morning.
« In this back-to-school period, we will also make public in the coming days the figures from the DGCCRF survey on the prices of school supplies. “As the start of the new school year approaches, Bruno Le Maire added once more on Thursday.
The consumer protection association Confédération Syndicale des Familles (CSF), which publishes an annual study on the cost of school supplies, has observed that the increase in their price amounts to an average of 11.3% in 2023 for pupils elementary, middle and high school.
(With AFP)
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