French to cut spend­ing by $5.12b

China Daily (Hong Kong) - - BUSINESS -

France is work­ing to gen­er­ate 4.5 bil­lion eu­ros ($5.12 bil­lion) in spend­ing cuts in 2017, to re­duce the pub­lic deficit to 3 per­cent of eco­nomic out­put by the end of the year, Ger­ald Dar­manin, min­is­ter of ac­tion and pub­lic ac­counts said on Tues­day. In an in­ter­view with lo­cal news­pa­per Le Parisien, Dar­manin said France would “keep its word” after it had bro­ken sev-

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.