home General News The government forecasts 1.7% growth in 2016

The government forecasts 1.7% growth in 2016

Govenment forecasts gowth for 2016
The State Secretary for Relations with Parliament, Jean-Marie Le Guen, June 10 at the National Assembly in Paris – BERTRAND GUAY AFP

The government plans to “1.7% growth for 2016,” and “maybe …

The government plans to “1.7% growth for 2016,” and “maybe even a steeper slope,” said Friday the Secretary of State for Relations with Parliament, Jean-Marie Le Guen who also welcomed the forecast of 1.2% established by INSEE for 2015.

The government plans up to  “1.7% growth for 2016,” and “perhaps even a larger amount”  said Mr Le Guen on iTELE.

In April, France had lowered its growth forecasts for 2016 and 2017, to 1.5% instead of 1.7% and 1.9% forecast previously.

For Mr Le Guen, the announcement of 1.2% growth in 2015 when the government planned 1% is “the result of the efforts of the French Government over the last two to three years.” “Things are going up in a positive way,” he said.

Asked about job creation, the former deputy of Paris assured that “the unemployment curve would be reversed in the coming months,” adding that although “growth does not use as much as ever,” ” growth surplus will go to employment. ” “There is a dynamic” said Le Guen.

Mr Le Guen felt that growth was due to the investment, “even before the Macron reform efforts” to be applied “as soon as early August.” He added that the government wanted to “accelerate” the Macron law, comparing the reform “a symbol of the reconquest of our economy.”

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