France’s Le Maire sticks to 2023 economic growth forecast for now
2023.06.20 15:42
© Reuters. French Minister for Economy, Finance, Industry and Digital Security Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in Paris, France, June 7, 2023. REUTERS/Sarah Meyssonnier
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Tuesday he was sticking for now with the government’s forecast of 1% economic growth for 2023.
“I confirm the growth forecast for 2023,” Le Maire told France 2 television.
“I am lucid about the economic environment with several of our neighbours in recession…so we will keep on monitoring the situation closely,” he added.
Pointing out that the government would present a public finances bill at end-September, he said: “We will see then what is our forecast.”
French statistic institute INSEE said earlier this month that the euro zone’s second biggest economy is projected to expand by 0.1% in the third quarter and 0.2% in the fourth, making for an annual GDP figure of 0.6%.
