Hello Serge,
The documents confirm the first elements leaked in the summer. In general, Gabriel Attal had planned a freeze in state spending in 2025, compared to the initial 2024 budget of 492 billion euros. The labor and employment ministries are suffering a major blow. Loans are down by 2.3 billion euros, or 6.9%, from one year to the next. The budget for public development aid will be reduced by 1.3 billion euros, or 19.4%. A reduction of 300 million euros (-27%) in this temporary project also affects loans allocated to transformation and public services. Defense, in turn, benefits from a 7% increase in loans, or 3.3 billion euros.