While the public debt continues to soar, the Court of auditors calls on the government to "an effort in the long term." Our reporter Beatrice Mathieu decrypts the report of the Court.
a Consequence of the crisis of the sars coronavirus : the government expects this year to a historic recession of -11%, with a swelling of the public debt to around 121 percent of gross domestic product (GDP), before a rebound in the economy next year.
If the government is on the rebound in growth next year to reduce debt and excludes any tax increases, the Court of auditors considers that no action of recovery, the deficit may be sustainable very high, ( ... ). The trajectory of the debt would not be controlled".
Beatrice Mathieu, editor-in-chief responsible for the service economy, returns on the recommendations of the report of the institution. For her, "to talk about today is economies, is an error. It is to take the path of what we did in 2010 / 2012 if we wanted to revive the public accounts too quickly after the 2008 recession".
Read our complete filePierre Moscovici will be named on Wednesday to the head of the Court of auditors Belloubet, Moscovici, Woerth... Has the Court of auditors, the dance of the suitors Reduction of the debt : the Court of auditors accuses the executive and his ambition is "limited" Your support is essential. Subscribe for $ 1 support Us
READ ALSO >> The Court of auditors, the ball of the contenders