Budget cuts: MaPrimeRénov’, ecology, employment, research… here is how the government will save 10 billion euros

Ce dimanche, Bruno Lemaire annonçait un nouveau plan d'économies d'environ 10 milliards d'euros. MAXPPP – Frantz Bouton

Les 10 milliards d'euros d'économies, annoncés par Bruno Lemaire ce 18 février, afin de limiter les dépenses et réduire le déficit public, viennent d'être actés dans un décret publié au Journal Officiel ce 21 février 2024.

On the program, a "cancellation" of 10 billion euros in budgeted spending in 29 areas, such as ecology, higher education, defense and even # 39;public development assistance.

"Ecology, sustainable development and mobility" reduced by 2 billion euros

Signed by Thomas Cazenave and Bruno Lemaire, the decree published on February 21, 2024, cuts the "ecology budget by more than 2 billion euros, sustainable development and mobility". In these, the "energy, climate and post-mining" was reduced by one billion euros, while the "fund for accelerating the ecological transition in the territories" lost more than 400 million.

Parallel "work and employment" and "research and higher education" were respectively canceled 1.1 billion and 900 million euros of credits.

Public development aid has lost nearly 740 million euros, aid for access to housing 300 million euros; rsquo;euros. The national police are cut by 134 million euros and the prison administration by around 118 million.

Concerning the MaPrimeRénov’ system, which makes it possible to finance energy renovation work, it should increase by one billion euros, compared to the two initially promised.& nbsp;

Lower the public deficit to 4.4% of GDP

This Sunday on TF1, the Minister of the Economy announced a new savings plan of around 10 billion euros while reducing by 1 .4% to 1% the growth forecast for France's gross domestic product for the year 2024.

This anticipated growth of 1% of GDP roughly matches the forecasts of the European Commission, the Bank of France and the International Monetary Fund. France is striving to keep its commitment to lower the public deficit to 4.4% of GDP in 2024, an objective confirmed by Bruno Le Maire on Sunday.