French Economy Minister Bruno Lomer, admitted that the French general deficit will also join this year to 9.4% of GDP, an unprecedented in the French economy and comes as a result of new expenditures related to the Covid-19 pandemic.
According to Arab Net, the minister added in an interview with France 2 French TV station, this standard deficit is linked to a number of expenses from 2020 to 2021, and therefore continued to support a number of sectors and companies, while we will gradually change this assistance and thoroughly because of the editing part From the recovery plan.
The general deficit includes state budget, social security budget and local authorities.
The initial expectations indicate that the deficit will reach 8.5% of GDP 2021 and was reviewed in early April to 9%.
The value of the state budget is expected to reach 220 billion euros more than 47 billion, which is in the draft basic budget on what the Minister of Budget Olivia Dossp is expected.
Bruno Leomer said the deficit was returning to our efforts to protect our economy in conjunction with the support of economic recovery, which remains our basic goal.
The government presents an amendment to the budget project, which includes more than 15 billion euros in the form of emergency measures, particularly to finance micro activity and assistance to companies facing difficulties.
