Share

France: in 2013 public debt over 90% of GDP

The government led by Hollande presented the budget plan for 2012 to the Council of Ministers - The main objective is to reduce the public deficit to bring it back into balance in 2017 - In 2013 the public debt will exceed 90% of GDP for the first time .

France: in 2013 public debt over 90% of GDP

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.

 

comments