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2026-11-03 16:16:29
[France's Budget Deficit Widens to €159.2 Billion in the First Nine Months] ⑴ France's national budget deficit for the first nine months of 2026 is €159.2 billion, widening from €155.4 billion in the same period last year, as spending growth outpaced revenue growth. ⑵ Spending increased by 4.9% year-on-year to €404.1 billion, primarily driven by rising personnel costs, operating expenses, and debt servicing costs. ⑶ Revenue grew by 4.1% to €275 billion during the same period, supported by increased tax revenue. ⑷ Net tax revenue increased by 3.9% to €250.5 billion, mainly driven by VAT and income tax collection. ⑸ Non-tax revenue also increased by 11.6% to €19.5 billion. ⑹ Meanwhile, the deficit in the special treasury account narrowed to €30.1 billion from €34.3 billion in the same period last year.
