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

_IMF Staff Country Reports, July 26, 2018_

## Source details

**Canonical URL:** [France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France](https://www.imf.org/en/publications/cr/issues/2018/07/26/france-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46126)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/07/26/france-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46126/index.md)
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## Bibliographic details
- Published: July 26, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484371053.002

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

### Key findings and statistics
- Pages: 69
- Volume: 2018
- Issue: 243
- Series: Country Report No. 2018/243
- DOI: https://doi.org/10.5089/9781484371053.002
- Stock No: 1FRAEA2018001
- ISBN: 9781484371053
- ISSN: 1934-7685
- Publication date: July 26, 2018

### Subjects and keywords
- 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

### Implications for policy and reform priorities
- Address persistent high unemployment through targeted labor market reforms and measures to improve labor market trends.
- Strengthen competitiveness via product market reform and other structural measures.
- Manage high private and public debt burdens to avoid hampering economic performance and fiscal sustainability.

*France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France (July 26, 2018).*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18243.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18243.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2018/07/26/france-2018-article-iv-consultation-press-release-staff-report-and-statement-by-the-46126_