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Creating a budget swiftly: in record time

Creating a budget swiftly: in record time

Michel Barnier, the new French prime minister. Here in Paris, France, June 12, 2024.

The next finance and economy minister in France faces the challenge of finalizing a budget quickly amid a split Assemblée Nationale. The political landscape is divided between different parties with contrasting approaches – from higher spending and taxes to budget cuts and business-friendly policies. The decisions ahead will shape the country’s economic direction and require navigating complex political dynamics to secure a majority. The stakes are high as France grapples with pressing social and environmental issues while aiming to meet European financial targets. The choices made by the incoming minister will have far-reaching implications for the nation’s future.

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