← Back to events
ActiveWorld

French PM vows to cut public spending by €54 billion to reduce deficit

Photo: France 24

What happened

Prime Minister Sébastien Lecornu said on Thursday that France will cut public spending by €54 billion next year to reduce the country's deficit. The announcement comes seven months ahead of the country's presidential election, and the government is wary of a new wave of demonstrations with a jump in global oil prices sparking concerns over the rising cost of living.

Summary assembled by rule from the sources below

Sources