Minister of Economy and Finance Bruno Le Maire wants to take more than a billion euros from the treasury of state operators.
According to him, “nothing justifies the presence of such rich treasures.”
This puncture will be provided in the text of the next bill on finances, presented in September.
Minister of Economy and Finance Bruno Le Maire wants to take more than a billion euros from the treasury of state operators.
According to him, “nothing justifies the presence of such rich treasures.”
This puncture will be provided in the text of the next bill on finances, presented in September.
Bruno Le Maire wants to make new savings. Tenant Bercy said this morning that he wants half of the 2.5 billion euros in cash surplus identified from state-owned operators such as CNRS or Pôle emploi from next year. Thus, after this operation, a total of more than a billion euros will return to the state treasury. This decision was made following a public expenditure review conducted by the administration of about twenty of these entities that carry out public service missions for the state.
“Accelerate the country’s debt reduction”
“Nothing justifies that they have such abundant treasures.“, acquitted this Tuesday by information about France Bruno Le Maire. Thus, within the framework of the finance bill for 2024, which will be presented at the end of September, it is planned to withdraw more than one billion euros. These savings are part of the government’s will.”accelerate the country’s debt reduction“Government debt for the first time exceeded the mark of 3 trillion euros in the first quarter of 2023.
“Operators are very lucky” because they benefit both from “earmarked taxes” that guarantee the security of their income, and “recovery plan support”, says the Minister of Economy. According to the initial data provided by Bercy, these structures had more than 56 billion euros in cash at the end of 2022, compared to 33.8 billion at the end of 2019.
More than 400,000 employees of state operators
In June, a parliamentary report by deputies Véronique Louvagey (Republicans) and Robin Reda (Renaissance) showed that about 400,000 people were employed in state-owned enterprises in France. In their paper, two elected officials have already proposed savings by cutting by a third the subsidy given to the smallest operators with fewer than 250 employees.
- 2024 budget: A “global effort” will be required of the French to “reduce debt,” warns Gabrielle Attal.
As the government website reminds us, the government operators are “bodies other than the state, with a public or private legal status, entrusted with the mission of public service of the state“Metéo-France, Insermes or even some of the big universities, for example, belong to this administrative category.
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