French government now aims for public deficit of 5.4% of GDP in 2025
Several tax measures planned for the 2025 budget will not see the light of day, rendering Michel Barnier's 5% deficit target obsolete. To compensate for these missing revenues, a VAT increase has been ruled out.
Several tax measures planned for the 2025 budget will not see the light of day, rendering Michel Barnier's 5% deficit target obsolete. To compensate for these missing revenues, a VAT increase has been ruled out.
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