🚨IMF Meeting Today

📢Quick Reminder :

1. 📉 The IMF has **revised down** its growth forecast for France in 2025.

2. 📆 The new estimate is **0.6%**, down from 0.8% in January.

3. 🌍 This slowdown reflects the **fragile global situation**, particularly in the eurozone.

4. 🛃 The IMF specifically points to **U.S. customs tariffs** that weigh on trade.

5. ⚠️ It emphasizes that this forecast is the **most pessimistic** among major institutions (OECD 0.8%, Banque de France 0.7%).

6. 💶 The IMF urges France to **reduce its public deficit** and to **continue its structural reforms**.

7. 🧾 The public deficit for 2024 is projected at **5.8% of GDP**, well above the **3% target** set for 2029.

8. 🏛️ The IMF considers the medium-term adjustment plan announced by the government to be **"adequate"**, provided it is **credible and coherent**.

9. 🛠️ It stresses the need for **rationalization of spending**, particularly in administration and social security.

10. 📌 In summary: weak growth, high deficit, and an IMF advocating for reforms and austerity to avoid future overheating.