French budget in deficit: “the government refuses to reverse its tax cuts”

French budget in deficit the government refuses to reverse its

This Tuesday, the Court of Auditors released its report evaluating public finances. The State will have to save 50 billion euros by 2027 to bring the public deficit below 3% of GDP. One of the solutions would be the recovery of tax fraud: according to data from Bercy, 15.2 billion euros were recovered in 2023, a record which exceeds that of 2022 by 600 million euros and that of 2019 by 3.5 billion euros. Decryption with Henri Sterdyniak, economist at the French Office for Economic Conditions (OFCE) and co-founder of Les Économistes Atterrés.

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