France's Budget Overhaul: Prime Minister's Strategy Unveiled

Prime Minister Michel Barnier plans to tackle France's budget deficit through reduced public spending and targeted tax increases, as confirmed by Government Spokeswoman Maud Bregeon. A detailed fiscal policy announcement by Barnier is anticipated at a scheduled 1300 GMT speech.


Devdiscourse News Desk | Paris | Updated: 01-10-2024 15:54 IST | Created: 01-10-2024 15:54 IST
France's Budget Overhaul: Prime Minister's Strategy Unveiled
Michel Barnier
  • Country:
  • France

Prime Minister Michel Barnier aims to address France's budget deficit through a combination of reduced public spending and targeted tax increases, Government Spokeswoman Maud Bregeon announced at a recent news conference.

Bregeon's remarks come in anticipation of a critical fiscal policy speech by Barnier, set for 1300 GMT.

Key details of Barnier's budget strategy, including specific spending cuts and tax adjustments, are expected to be outlined in his upcoming address.

(With inputs from agencies.)

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