Tax & Spend
IMF Economist Says France Will Struggle to Reach Deficit Target
- Gourinchas tells France Inter that nation needs more reforms
- Finance Minister Le Maire reiterates resolve to cut debt load
=
Photographer: Nathan Laine/BloombergThis article is for subscribers only.
France will have trouble meeting a target to narrow its deficit to 2.7% in 2027, according to the chief economist of the International Monetary Fund.
The goal “will be a little difficult to reach” under the government’s current policies, Pierre-Olivier Gourinchas said on France Inter radio Saturday. “More effort is necessary.”