France: Staff Report for the 2001 Article IV Consultation

Publication Date:

November 5, 2001

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The buoyant economic record is attributable to a favorable external environment; supportive monetary conditions; protracted wage moderation; gradual labor market reforms; and sizable cuts in tax rates and social security contributions. The government reasserted its intention to achieve fiscal balance and substantially lower the public debt-to-gross domestic product ratio over the long term. To reach these goals, there is a need to tackle civil service, health care, and pension reform and to strengthen the framework for fiscal policy and focus it more on binding medium-term expenditure norms.

Series:

Country Report No. 2001/199

Subject:

English

Publication Date:

November 5, 2001

ISBN/ISSN:

9781451813616/1934-7685

Stock No:

1FRAEA0042001

Pages:

55

Please address any questions about this title to publications@imf.org