French public spending is expected to fall in 2024 compared to the previous budget. A drop of several billion euros, insists the Minister Delegate for Public Accounts, Gabriel Attal, in a daily interview The echoes. This is a first for nearly a decade.
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The objective of 15 billion euros, sought by the executive, would be reached next year. This is a drop that is all the more historic since the government is investing massively in the ecological transition, insists the minister, who refers to a ” green deleveraging ” of State.
To achieve this, Gabriel Attal is betting in particular on the end of the tariff shield on energy prices. Concretely, it is nearly 14 billion euros less in expenditure.
To which are added significant savings in several other sectors: in housing in particular, or on the labor market, where unemployment is falling and with it falling benefits.
The Minister Delegate for Public Accounts unveils in “Les Echos” the State expenditure for the 2024 budget with the budget document of “expenditure ceilings” sent to parliamentarians. For the first time in nearly a decade, the… https://t.co/RBz2F3k3KR
— Les Echos (@LesEchos) July 16, 2023
Objective: return to the level of 2019, that is to say before the exceptional crisis expenditure, and save money to finance the energy transition.
To do this, each ministry was asked to identify 5% of leeway to participate in this effort. Promise kept, says the minister.
The debt burden should increase between 41 and 49 billion euros by 2024. French debt is now close to 3,000 billion euros.
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