Il French government led by François Hollande presented to the Council of Ministers the new revised draft budget for this year, in which all the major objectives are confirmed, including the gradual reduction of the country's public deficit, which must be reduced to 4,5% of GDP in 2012, to 3% in 2013, to then return to equilibrium in 2017.
Also present forecasts on the public debt, which in 2013 should, for the first time, break through the threshold of 90% of GDP, at 90,6%. The goal for 2017 is to bring it to 82,4%, if the estimates of growth of 0,3% for 2012, 1,2% for the following year and 2% between 2014 and 2017.