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The French Budget Minister stated that although last year's deficit narrowed more than expected, it is still too early to lower the deficit target now.

The French Budget Minister stated that although last year's deficit narrowed more than expected, it is still too early to lower the deficit target now.

老虎证券老虎证券2026/04/08 18:33
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French Budget Minister David Amiel stated at the Senate Finance Committee on Wednesday that the deficit has decreased from 5.8% in 2024 to 5.1% in 2025, partly due to one-off factors, while significant uncertainty remains regarding the macroeconomic impact of the Iran conflict in 2026. He said, "If economic conditions allow, we would clearly hope to achieve a performance better than the 5% target set in the budget documents. But at this stage, and considering the uncertainty in the Middle East, we have not yet adjusted this target." French ministers indicated that economic and fiscal forecasts will be updated when they submit their fiscal plan to the EU on April 21. Economy and Finance Minister Le Maire, who spoke alongside Amiel, stated that it is still too early to determine how this rapidly evolving conflict will affect economic activity.
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