The government is delaying the reduction of public spending. In its budget for 2023 presented on Monday, the Executive foresees a deficit of 5% in 2022 as in 2023. However, a return of less than 3% of GDP is expected for 2027. To achieve this, Emmanuel Macron is committed to structural reforms, among other things, including pensions.
This reform “is fundamental in the strategy of public finances”, recognized this Wednesday Gabriel Attal, guest of BFM Business. “Not only because of the direct budgetary benefits that this reform will entail -we have quantified them at 8,000 million euros for 2027-, but because of what it will produce in terms of economic activity in our country”, continued the Delegate Minister in charge of Public Accounts .
According to him, “if we had the employment rate of our German neighbors, we would have much fewer public finance problems.” That is why “we must globally increase the volume of work in our country, because this is what will allow us to finance great priorities from the social point of view thanks to the social security contributions that will be paid, from the point of view of public policies”. view through the tax revenues that will be allowed”.
Discussion about the method.
If dissonant voices are raised in the majority about how to carry out the pension reform, “there is no nuance on the merits,” assured Gabriel Attal, adding that “everyone in the majority considers that this reform is important.”
The nuance refers only to “form and method”. “Indeed, you have a debate in the majority to know if the pension reform should go through the Social Security financing bill in a few weeks or if it should go through a text ad hoc at the beginning of the year 2023”, indicated the Minister of Public Accounts.
But “in both cases, everyone agrees that the pension reform must be carried out and that it must come into force in the summer of 2023.”
Source: BFM TV
