France’s proposed 2026 budget could help improve fiscal outturns, but the likelihood of parliament approving the package in full is quite low, Fitch Ratings said.
Persistent political fragmentation, the risk of social unrest and weak economic growth makes reducing the sizeable deficit challenging, it noted.
Medium-term fiscal challenges are set to persist as some of the proposed measures are temporary.
Persistent political fragmentation, the risk of social unrest and weak economic growth makes reducing the sizeable deficit challenging, it noted.
Medium-term fiscal challenges are set to persist as some of the proposed measures are temporary.