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Once approved by parliament, the government may make adjustments of up to 2% to the budget without having to seek further parliamentary approval. In 2011, the government introduced a bill to amend article 34 of the Constitution to ensure a balanced budget. The French budget concerns only spending and revenue by central government.
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2] This is the list of countries by government budget. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
Already the IMF and France's own budget watchdog doubted the outgoing government's plans to get last year's deficit of 5.5% of output down to the EU ceiling of 3% by 2027 - when far-right leader ...
PARIS (Reuters) -French budget talks teetered on the brink of collapse on Wednesday, a day after Socialist party officials suspended their participation in protest over remarks about immigration ...
The French government hopes to get to 3% by 2029, but giving people another two years of retirement won't help improve spending when, as Bloomberg says, the country spends more than 25% of its ...
The budget proposal received significant criticism from the left, with Socialist Party leader Olivier Faure accusing Barnier of "turning towards the far-right to avoid a no-confidence vote." [2] On 2 December, Barnier invoked Article 49.3 of the French Constitution in order to enact the budget proposal without a formal vote by the National ...
The public finances portfolios, shared with new budget minister Laurent Saint-Martin, will have the unenviable task of putting together a budget bill before January, at a time France is struggling ...