Decryption – The institution won over the government of « emergency credit » The budgetary effort he intends to implement next year.
In the heat wave, the Court of Auditors alerts on a “Snowball effect” who could bury public accounts. In its report on the situation of public finances, published this Wednesday, the institution sounds the alarm as rarely. The first sentence of the voluminous document announces the tone: “France has just crossed two dark years in public finances”decide the experts, who are all the more concern since these years cannot be put on the account of a major economic shock.
They are the fruit, on the contrary, of “The inability to master the dynamics of expenditure and even more to initiate efforts of sustainable savings”condemns the court. Result: this drift has doubled the necessary effort to manage to bring the deficit under 3 % of GDP. From now on, the government will have to provide 105 billion euros in savings by 2029 to go under this symbolic bar, while 50 billion …
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