France risks not meeting its 4.4% deficit target due to overly optimistic tax expectations; Cour des Comptes suggests additional budget cuts.
France risks missing its deficit reduction target this year due to overly optimistic tax expectations, and may need more budget cuts, warns public audit office Cour des Comptes. The government aims for a 4.4% public sector budget deficit, and has already announced an extra €10bn in cuts. However, Cour des Comptes suggests further cuts are necessary, urging the government to detail additional savings.
March 12, 2024
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