In the columns of “Figaro”, the minister responsible for public finances announces that the budget that will be presented to Parliament in the coming months will include “savings” in certain sectors.
Lower taxes and lower debt? This is Gabriel Attal’s draft for the 2024 budget, which will be presented to the National Assembly and Senate in the autumn. In an interview with Le Figaro, the ministerial delegate responsible for public finances reiterated that “debt reduction is a national emergency”.
“We assume that we prefer a proactive but gradual deleveraging policy to austerity policies that would have damaging consequences for economic activity,” Gabriel Attal explains in the daily’s columns, stressing that this “ambitious commitment” will be “fulfilled”.
“It would be a lie to say that not all French people need to make global efforts to reduce debt,” admits the minister.
A still significant national debt. INSEE announced at the end of June that it exceeded the symbolic threshold of EUR 3,000 billion for the first time in the first quarter.
“Strengthening companies and users”
Gabriel Attal wants to “systematically examine the effects” of each economic sector “on the middle class”. A demographic that the minister defines as “the French who feel too rich to be poor and too poor to be rich.”
Nevertheless, the government wants to “save money” in certain sectors, says Gabriel Attal, referring to “the subsidized contracts, which we will again significantly reduce”. However, he refuses to “talk about austerity measures in a country that continues to spend more than it takes in”.
“As for the social security budget, I assume that we must take measures to stop the increase in the number of sick leave,” said the minister, who intends to “take responsibility on the part of companies and companies (.. .).” user.
While Bruno Le Maire recently mentioned a possible pause in tax cuts, Gabriel Attal assures “that in 2027 the French and companies [en] will pay less than in 2022.”
“The problem is simply the pace of tax cuts, and that pace will depend on the economic situation, our deleveraging trajectory and the needs of businesses and households,” specifies the ministerial delegate in charge of public finance.