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Members of CCC Mobile Court receiving due holding tax by cheques on Wednesday.

8 Jun 2018, 12:00 am0

France says deficits rise as Covid destroys rebound hopes

AFP, Paris :France’s government deficit will deepen and public debt rise after a lingering Covid crisis smashed hopes of a rapid economic rebound, Finance Minister Bruno Le Maire said on Sunday.The annual deficit, which has spiralled as President Emmanuel Macron’s government tries to prop up the struggling economy with massive spending, is now expected to reach nine percent of gross domestic product (GDP) in 2021, he told reporters.This compares to an 8.5 percent estimate included in the government’s 2021 budget...

5 Apr 2021, 12:00 am