France will reduce the budget deficit, despite the security costs


Despite the additional costs in security, France does not refuse the task to reduce the budget deficit by 2016, said the Minister of Finance, Michel Sapin. Authorities had previously announced measures to reduce the deficit GDP 3.3%: 3.8% in 2015 and 2.7% by 2017.

MOSCOW, 26 Nov. France refuses the task to reduce the budget deficit by 2016, despite additional costs in the security sector, reports on Thursday Reuters with reference to Minister of Finance Michel Sapena.

“I don’t see any obstacles in the budget to strengthen internal or external security of the French, but France will not abandon the necessary tasks to reduce our deficits,” he said on the radio BFMTV.

Earlier, the authorities have announced measures to reduce the deficit GDP 3.3%: 3.8% in 2015 and 2.7% by 2017-mu.

French President Francois Hollande said on 16 November at an emergency Congress of the French Parliament’s intention to create within two years not less than five thousand jobs in the police, more than two thousand — in the judicial system and a thousand new jobs at the customs as a measure of strengthening the security of the country. The French leader stressed that France does not intend in the near future to cut jobs in the military sphere. The announcement was made after a series of terrorist attacks in Paris on 13 November, the victims of which were 129 people. Later Michel Sapin said that the strengthening of security measures at the expense of the French government will need to add about 600 million euros.