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“We don’t want to touch ALD”: Bruno Le Maire reassures how to reduce the deficit

“The most important pillar of solidarity” that must not budge. Bruno Le Maire assures that he will not touch on the treatment of chronic diseases to find savings after the announcement of a reduction in the deficit in 2023, but recalls the new form of contract for workers over 55 years of age.

“We therefore do not want to touch the ALD,” which is “an essential pillar of solidarity,” the economy and finance minister said in an interview with the Ouest-France daily on Saturday. “But it is precisely because we want to protect these sick people – twelve million of them – that we must think more broadly about the financing of our social model,” the minister said, highlighting the “choices” that need to be made.

Public Accounts Minister Thomas Cazenave said on Friday he was “open” to all proposals to find savings. Bruno Le Maire asks about compensation for unemployed older people: “Is it really important that those over 55 have a longer period of compensation? Isn’t this a way to turn unemployment insurance into a pension in disguise? “.

It proposes “a contract under which older people would work 80% of their time, receive 90% of their salary and be entitled to 100% of their pension.” When asked about support for this system, he replied: “I am in favor of cost sharing,” adding that “companies have a special responsibility.”

Per diem reform

The Minister also mentions the reform of daily allowances, while “sick leave has increased by 10% since Covid”, thus wanting to start a debate “from this year in order to combat abuses”, on the “principle of fairness towards those Who works.

When asked about the possibility of revaluing pensions and social benefits in accordance with inflation in 2025, the minister replied that “this will be decided in the 2025 budget.” “The issue on the table now is the additional savings needed in 2024 to ensure the deficit falls below 3% in 2027,” he explains.

On Tuesday, INSEE reported that France’s government deficit rose to 5.5% of GDP in 2023, compared with 4.9% expected by the government. “The geopolitical situation has changed. Therefore, I will present new forecasts for the deficit and debt within ten days, during the presentation of the stability program to the Council of Ministers,” Bruno Le Maire said in an interview.

Source: Le Parisien

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