IMF Urges France to Intensify Budget Cuts Amid Rising Deficit Warnings

The IMF forecasts France's budget deficit to be significantly higher than government estimates by 2027, suggesting immediate fiscal measures.

The IMF projects France's deficit to reach 5.3% of GDP in 2024, higher than the government's 5.1% forecast.
By 2027, the deficit is expected to be 4.5%, compared to the government's 2.9% estimate.
The IMF recommends further consolidation measures from 2024 to reduce debt.
French President Macron's budget plans face skepticism and political challenges.
The IMF warns of fiscal risks due to high debt levels and optimistic growth assumptions.