The French government is preparing for a particularly difficult 2026 fiscal year, between deficit to be reduced and expenses to be controlled. Enough to worry Sophie Primas, the government spokesperson, who, in the face of these challenges, announces a major conference on public finances will take place in mid-April.
Public public finances
Sophie Primas warns: “Everyone will be used” To achieve the objectives set by the government in 2026. Government spokesperson knows: the equation will be complex. She even describes preparation for the next budget for ” nightmare ” as the financial difficulties accumulate.
While the objective is to reduce the public deficit by 5.4 % to 4.6 % of GDP in 2026, the fiscal year is complicated with the need increase defense -related investments.
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“Putting the state deficit from 5.4 % to 4.6 % of GDP, plus cope today with new challenges which are challenges of resetting and investment in our defense industry, These are difficulties that add up »»said Sophie Primas during an interview with Public Senate on March 26.
This announcement comes as the Banque de France has revised growth forecasts for 2025, going from 0.9 % to 0.7 %under the effect of the trade war waged by the Trump administration. At the same time, according to INSEE, French GDP should only grow by 0.1 % in the first quarter of 2025, followed by 0.2 % in the second quarter, reflecting a fragile economic recovery.
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A national conference to mobilize all actors
Faced with these difficulties, the government intends to organize A large conference on public financesplanned in mid-April, in order to associate all economic and political actors with the development of the budget.
“The Prime Minister absolutely wants today that this budget 2026 – which will be a nightmare as the financial difficulties are important – is shared, worked with All parliamentarians and living forces »»explained Sophie Primas.
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Among the avenues mentioned to achieve budgetary objectives are in particular increased decentralization, the transfer of certain public missions to “Other operators” and an administrative simplification being examined in the National Assembly.
These efforts are not only aimed at REFERING PUBLIC FINANCESbut also to meet European requirements, with a budgetary trajectory which will have to be updated to Brussels in the coming weeks.
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Source: X
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After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.
Justine Ferrari
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