IMF Staff Country Reports

France: Staff Report for the 2004 Article IV Consultation

November 3, 2004

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France: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed September 18, 2024

Summary

The staff report for the 2004 Article IV Consultation on France highlights economic performance and near-term outlook and policies. On structural issues, a health care reform has established the key instruments to gain control over the system’s budget. Ongoing civil service reform and decentralization are providing the opportunity to realize efficiency gains. Pension and health care reforms have improved the long-term fiscal outlook against the background of the impending demographic shock, while ongoing reforms in product markets are likely to boost growth.

Subject: Employment, Fiscal consolidation, Fiscal policy, Fiscal stance, Labor, Labor markets, Public debt

Keywords: Africa, Budget proposal, CR, Deficit, Deficit estimate, Employment, Expenditure growth, Fiscal consolidation, Fiscal stance, GDP inflation, Government, Growth-enhancing reform, ISCR, Labor markets, Product market, Reform, Structural adjustment

Publication Details

  • Pages:

    51

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/343

  • Stock No:

    1FRAEA0012004

  • ISBN:

    9781451813463

  • ISSN:

    1934-7685