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France News Today

French news in English

Thursday, October 17, 2024

Michel Barnier's Strategic Policy Declaration

Published: 2024-10-01

On October 1st, French Prime Minister Michel Barnier delivered his policy declaration to the National Assembly, outlining his government's roadmap amidst a fragile political landscape.

Barnier emphasized fiscal responsibility, aiming to reduce the national deficit from over 6% to 5% next year, with a long-term goal of under 3% by 2029. He proposed a temporary fiscal contribution from wealthy individuals and profitable corporations to address the financial imbalance.

In terms of social policy, Barnier plans to revisit the 2023 pension reforms, seeking dialogue with unions and employers to address issues like progressive retirement and gender equality.

Additionally, he announced an early 2% increase in the minimum wage to combat the rising cost of living.

On environmental matters, Barnier stressed the importance of a balanced energy mix, advocating for nuclear and renewable energy development.

Education remains a priority, with initiatives to attract retired teachers to support the workforce.

Barnier's declaration reflects a strategic approach to governance, balancing fiscal prudence with social and environmental commitments.