French Government Aims to Curb Budget Deficit to 5% of GDP
Prime Minister Sebastien Lecornu announced the government's goal to limit the French budget deficit to 5% of GDP this year. He assured the nation that despite economic challenges, ministry expenditures would be reduced compared to last year.
- Country:
- France
Prime Minister Sebastien Lecornu declared on Friday that his administration is committed to keeping the French budget deficit at or below 5% of the gross domestic product.
In a televised address, Lecornu assured the public, saying, "This year we will be at 5%, we will make it."
He further elaborated that the ministries' current euro spending would be reduced from the previous year, underscoring the government's fiscal responsibility efforts.
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