{
  "title": "France: Staff Report for the 2005 Article IV Consultation",
  "publication": "IMF Staff Country Reports, November 7, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/france-staff-report-for-the-2005-article-iv-consultation-18689",
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  "summary": "This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth.",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- The cyclical recovery of the French economy was interrupted in the first half of 2005.\n- Previously strong domestic demand faltered in 2005.\n- The external sector continued to exert a drag on growth in the first half of 2005.\n- In 2004, growth was faster and more consumption-driven than in other large euro area countries.\n- Employment growth in hours, increases in minimum wages, and some fiscal measures supported private household incomes."
    },
    {
      "heading": "Fiscal outlook and targets",
      "content": "- The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP."
    },
    {
      "heading": "Labor and household income dynamics",
      "content": "- Employment growth measured in hours contributed to household income support.\n- Minimum wage increases and selected fiscal measures provided additional support to private household incomes."
    },
    {
      "heading": "Publication and scope",
      "content": "- Document: IMF Staff Country Report summarizing the 2005 Article IV Consultation for France.\n- Length: 62 pages.\n- Series/Issue: Country Report No. 2005/399.\n\nSource: France: Staff Report for the 2005 Article IV Consultation (November 7, 2005), IMF Staff Country Reports 2005, 399.\n\n---\n\n Content in this bundle\n\n- cr05399 — Executive Summary and Selected Findings\n  - cr05399 — Executive Summary and Selected Findings (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05399 — Executive Summary and Selected Findings (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "Published: November 7, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451813678.002",
    "The cyclical recovery of the French economy was interrupted in the first half of 2005.",
    "Previously strong domestic demand faltered in 2005.",
    "The external sector continued to exert a drag on growth in the first half of 2005.",
    "In 2004, growth was faster and more consumption-driven than in other large euro area countries.",
    "The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP.",
    "Minimum wage increases and selected fiscal measures provided additional support to private household incomes.",
    "Document: IMF Staff Country Report summarizing the 2005 Article IV Consultation for France.",
    "Length: 62 pages.",
    "Series/Issue: Country Report No. 2005/399.",
    "**_cr05399 — Executive Summary and Selected Findings**"
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