Public deficit: Bercy names communities whose spending risks could increase by 16 billion euros

Public deficit: Bercy names communities whose spending risks could increase by 16 billion euros

2024-09-03 05:44:36

In a letter to the two parliamentary rapporteurs-general and the president of the finance committee, resigning Finance Minister Bruno Le Maire and Public Accounts Minister Thomas Cazeneuve expressed their dismay at the “Community spending is growing rapidlyThis additional expenditure can “Downgrading the 2024 accounts by €16 billion compared to 2024» Deficit trajectory sent to Brussels in the spring.


Already lowered “Nearly 30 billion euros» Spring tax revenue forecasts also fail to materialize “Given the evolving composition of growth, this is bad for tax revenues”. Regarding macroeconomic forecasts, due to theThe growth achieved by mid-2024 is higher than expected, with an acceleration forecast for the third quarter.

The ball is passed to the next government

“If necessary, the next government should revise the prepared revenue and expenditure elements.», the document concludes.

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