France to meet 2023 deficit target despite increased spending, says Le Maire

Reuters

Published Sep 12, 2022 02:46AM ET

Updated Sep 12, 2022 03:10AM ET

PARIS (Reuters) -France is still targeting a public deficit of 5% despite increased spending to protect households from rising inflation, finance and economy minister Bruno Le Maire said on Monday.

"We need to make firm decisions to meet the 5% deficit target in 2023," Le Maire told LCI television, when asked whether the target was jeopardised by costly policies to preserve households' purchasing power.