IMF Staff Country Reports

France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France

July 26, 2018

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Format: Chicago

International Monetary Fund. European Dept. "France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France", IMF Staff Country Reports 2018, 243 (2018), accessed 12/6/2025, https://doi.org/10.5089/9781484371053.002

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Summary

In a favorable global conjuncture, France has benefitted from a broad-based recovery last year, with robust growth and improving labor market trends, which have led to a decline in the fiscal deficit below 3 percent of GDP last year. But structural challenges persist, with still high unemployment, weak competitiveness, and high private and public debt burdens, which are hampering economic performance.

Subject: Employment, Expenditure, Labor, Labor markets, Public debt, Wages

Keywords: balance of payments, banking sector, CR, Employment, Europe, financial system, Global, government, ISCR, Labor markets, product market reform, reform, reform strategy, regime, Wages