France to meet 2023 deficit target despite increased spending, says Le Maire

La Rencontre des Entrepreneurs de France, La REF in Paris

PARIS (Reuters) -France is still targeting a public deficit of 5% despite increased spending to protect households from rising inflation, finance and economy minister Bruno Le Maire said on Monday.

“We need to make firm decisions to meet the 5% deficit target in 2023,” Le Maire told LCI television, when asked whether the target was jeopardised by costly policies to preserve households’ purchasing power.

Le Maire also said in the interview that the government saw “positive” growth next year, declining to give a precise figure.

“I maintain that the figure will be positive”, Le Maire said.

(Reporting by Tassilo Hummel, editing by Dominique Vidalon and Catherine Evans)

Reuters

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