French Premier Says Deficit Must Fall Below 5% GDP in 2026

French Prime Minister Sebastien Lecornu said the budget deficit must fall below 5% of economic output next year, leaving room for parliament to negotiate changes to the government’s initial draft.

“The deficit must come below 5% next year,” Lecornu said as the National Assembly begins debating the government’s fiscal plan that targets a reduction to 4.7% from 5.4% in 2025.