french economic reforms under macron
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

French economic reforms under Macron

Arab Today, arab today

Arab Today, arab today French economic reforms under Macron

French President Emmanuel Macron
Paris - Arab Today

The International Monetary Fund (IMF) on Monday hailed French President Emmanuel Macron’s “ambitious” reform program, saying his spending, labor and tax overhauls could go “a long way” toward tackling high unemployment and weak growth.
The IMF raised its 2017 growth forecast for France by 0.1 points to 1.5 percent and said it could “further accelerate” next year.
“The new government is pushing ahead with an ambitious economic program to make France’s economy more dynamic and its public finances sustainable,” the IMF said after its annual analysis of the French economy.
“The envisaged labor and tax reforms are aimed at boosting growth, employment and competitiveness,” it added.
It also said the centrist government formed by Macron, a 39-year-old former banker, “has rightly emphasized” the need to decrease public spending.
A less profligate approach will “help gradually reduce the budget deficit and debt,” the Washington-based IMF said.
Macron’s government has pledged to meet the EU deficit limit of 3 percent of gross domestic product (GDP) in 2017, a target France has missed for the past decade.
It has identified €4.5 billion ($5.1 billion) in savings across government departments this year.
Local governments will also have to tighten their belts, Budget Minister Gerald Darmanin said Monday, announcing €13 billion in funding cuts for towns, departments and regions by 2022.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french economic reforms under macron french economic reforms under macron

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

french economic reforms under macron french economic reforms under macron

 



GMT 13:49 2017 Thursday ,08 June

Boko Haram kills 11 in NE Nigeria attacks: police

GMT 09:08 2017 Monday ,11 September

Palestinian court grants bail to prominent activist

GMT 00:06 2018 Wednesday ,24 January

Emirates signs agreement for 36 additional A380s

GMT 09:59 2018 Wednesday ,10 January

Pakistan reiterates solidarity with Saudi Arabia

GMT 23:01 2016 Wednesday ,30 November

21 killed in artillery shelling of eastern Aleppo

GMT 09:22 2016 Monday ,10 October

US troops in Kuwait came under 'suicide' attack

GMT 21:14 2017 Tuesday ,21 February

Tatas will lead, not follow

GMT 11:24 2017 Wednesday ,15 February

ISIS kidnapped 16 civilians from Anbar

GMT 19:30 2018 Wednesday ,31 October

King congratulates Antigua and Barbuda Governor-General

GMT 00:05 2017 Thursday ,28 December

Guterres extends mandate of UN-backed Lebanon tribunal

GMT 01:49 2017 Wednesday ,18 October

Iran considered dropping Turkey to fight the Russian

GMT 00:02 2017 Friday ,01 September

July24th-August23rd
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday