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Olivier Blanchard, Economist: "The French Budgetary Process Is Failing, and It Increases the Risk of a Debt Crisis"

Summary by Le Monde
The former chief economist of the International Monetary Fund believes, in a forum at the "World", that France needs to reform in depth the way it defines its budget. He proposes six principles for it to modernise its methods.

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The former chief economist of the International Monetary Fund believes, in a forum at the "World", that France needs to reform in depth the way it defines its budget. He proposes six principles for it to modernise its methods.

·Paris, France
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  • 100% of the sources lean Left
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Le Monde broke the news in Paris, France on Thursday, July 16, 2026.
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