Money and business

The French Minister of Economy raises growth expectations to 0.8%… and explains the reasons


Confirm Roland Lescure said that his country is likely to achieve a growth rate of no less than (0.8%) during the current year, thus exceeding the government’s expectations, which had indicated a rate of (0.7%).

Lescure said in press statements today: "I think we will reach at least 0.8 percent"Pointing out that the results of the third quarter came "Very good" Thanks to the strong performance of French companies in the fields of export and investment.

Growth rates in France

He stressed the need to approve the budget to avoid prolonging the state of uncertainty among families and companies, at a time when they face Difficulties for weeks in passing the draft budget for the year 2026.

After the approval of the revenue section of the draft social security budget law for the year 2026 last Friday, the French National Assembly re-suspended work on reforming the historic retirement system for the year 2023, which is considered one of the most prominent decisions of the president’s second term. .

The full text is scheduled to be voted on next Tuesday. In particular, the draft budget aims to reduce the public deficit from (5.4%) of GDP in 2025 to (4.7%) in 2026.

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