The government maintains its objective of returning growth to pre-crisis levels in 2022

The Minister of the Economy, Bruno Le Maire, believes that the fundamentals of the economy are solid but he admits that this forecast is “very proactive”.

France should return to its pre-crisis level of activity in 2022. The Minister of the Economy, Bruno Le Maire, reiterated this objective this Thursday morning on BFM Business. “We will have to wait until at least 2022 to return to a level of activity comparable to 2019“, He explained. But the challenge remains immense: “the crisis will be long, hard (…) This is a very proactive forecast. We must be aware of it», Admitted the minister.

Citing the strong rebound in activity at the end of the first confinement, Bruno Le Maire assured that the driving forces of the French economy were “solid». «We have strong economic springs. I have confidence in the fundamentals of the French economy».

The pension reform is not abandoned

The Minister of the Economy has also assumed the debt policy of France which is soaring. “We are getting into debt without any difficulty today and I am convinced that our strategy is the right one. We invest money to save our human and economic capital», He affirmed. However, “money is always valuable and getting into debt is never trivial», He recalled.

The repayment of this debt will go through “growth, responsibility and reform“, According to the minister. “We will grow with the stimulus plan, which is already working well. Support measures will undoubtedly have to be completed. We put money in to invest. Finally, structural reforms are needed, the first being that of pensions. We haven’t given up on anything. This is clearly the first projectHe warns.

SEE ALSO – A recession of “-10% for 2020”, a growth of “+ 8%” in 2021 forecast by the government

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