Le Maire, who reaffirmed his target of 5% economic growth for France this year, said the recent surge in credit card payments, rising holiday season bookings and soaring clothing purchases showed that France was quickly returning to growth.
The minister said the country’s debt, which ballooned during the pandemic to fund support measures, should begin to stabilize in 2025 and then decrease. He said he expected the public deficit to be below 3% of gross domestic product in 2027.
Source: Economy - investing.com
