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IMF warns France to chop debt load, sees greater deficit


The IMF urged France on Thursday to take extra measures this 12 months to scale back its debt load, warning that the price range deficit might be sharply greater than forecast in 2027.

The IMF stated in a press release that France’s deficit will attain 4.5 per cent of the gross home product in 2027, in comparison with the federal government’s forecast of two.9 per cent.

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Printed: 23 Could 2024, 02:01 PM IST

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