French Auditors Call for Credible Government Forecasts: Echos

Financial experts at the Cour des comptes, France’s official auditors, are calling on the finance ministry to be more realistic in its forecasts, after they missed targets in the last two years, Les Echos reported.

• The ministry is defending its position: Echos.
• The ministry’s last two budgets saw a gap of about €60 billion between revenue forecast and actual receipts, with a shortfall of more than €20 billion in 2023, and twice that in 2024: Echos
• Earlier this year, Pierre Moscovici, the president of the auditing body, said the “slippage is largely attributable to initial assumptions that were ...