All Political Groups to Meet Ahead of France's 2026 Budget Discussions
France's finance minister outlines upcoming meetings with political groups for budget discussions.
Key Points
- • Amélie de Montchalin confirmed meetings with all political groups before July 11.
- • The government must find 40 billion euros in savings, impacting all ministries.
- • François Bayrou will present his budget plan after the current parliamentary session.
- • A meeting with parliamentarians and social partners is scheduled to discuss public spending risks.
As France gears up for budget discussions, Minister of Public Accounts Amélie de Montchalin has confirmed that all political groups will be convened at Bercy before July 11. This meeting signifies the government's commitment to engaging various political entities as it prepares to address substantial budgetary challenges.
The government faces the daunting task of identifying 40 billion euros in savings, which will necessitate budget cuts from various ministries. De Montchalin has acknowledged the difficulties in these discussions but assured that the administration is maintaining a responsible and credible approach towards fiscal management.
Following the current parliamentary session's conclusion, François Bayrou is expected to present his financial plan for 2026, marking another crucial step in the preparation process. Concurrently, a meeting involving parliamentarians and social partners is slated for Thursday to discuss emerging risks and uncertainties in public spending, underscoring the complexity of the upcoming budgetary landscape.
Montchalin's insistence on a collaborative approach reflects the government’s strategy to navigate the intricate negotiations ahead as France looks to stabilize its finances amidst ongoing economic pressures (7296).