On October 6, local time, French Prime Minister Le Corney submitted his resignation to President Macron and was accepted, less than a month after his appointment. On October 5, Le Corni officially formed a cabinet and announced the list of cabinet members. Le Corni once said that the French government plans to control the fiscal deficit rate to 4.7% in 2026 and reduce it to about 3% in 2029. It also plans to increase investment in people's livelihood.
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According to CCTV News,On October 6, local time, French Prime Minister Le Corney sentThe PresidentMacronSubmit your resignation,MacronResignations accepted. This is less than a month since Le Korney was appointed prime minister.
On the evening of September 9, FranceThe PresidentMacronSebastian Leclerc was appointed to replace Beirut as prime minister.
On October 5, local time, Le Corni officially formed a cabinet. FranceThe PresidentThe government announced the latest list of cabinet members.
Elizabeth Bourne remains Minister of Education, Manuel Valls remains Minister of Foreign Affairs, Gerald Darmanin remains Minister of Justice, Bruno Lettau remains Minister of Internal Affairs, Lassida Dati remains Minister of Culture, Jean-Noël Barrot remains Minister of Foreign Affairs. Former Economy Minister Bruno Lemair replaces current Prime Minister Leclerc and is appointed Minister of Defence. Roland Leslour replaces Eric Lombard as Minister of Economy. Aurore Belge replaces Sophie Primas and is appointed Government spokesman.
According to previous news from CCTV News, Le Corny said on September 26 that the French government plans to control the fiscal deficit ratio at 4.7% of GDP in 2026 and further reduce it to about 3% in 2029.
Le Corni previously accepted an exclusive interview with Le Parisien to introduce the main contents of the 2026 draft budget. He said that 6 billion euros could be saved in 2026 by cutting daily fiscal expenditures. The government will also strengthen control over social spending and local government spending and introduce bills to crack down on tax and social security fraud. At the same time, the government will increase investment in people's livelihood and plan to increase the pension budget by 6 billion euros and the medical and health budget by 5 billion euros.
Le Corney said that the draft 2026 budget will be submitted to the National Assembly for discussion and review during the autumn regular session of the National Assembly in October. The draft incorporates the results of preliminary consultations with trade unions, employer organizations and major political groups. He also warned that if parliament still fails to vote on the draft 2026 budget before the end of the year, France's future fiscal deficit rate may rise to 6%.
According to the data released by the French National Institute of Statistics and Economics on the 25th, France's public debt rose further in the second quarter of this year, reaching 115.6% of GDP, about 3.4 trillion euros.
France’s budget objective for 2025 was to reduce the fiscal deficit rate to 5.4% of GDP. In July this year, Prime Minister Beirut announced the draft budget for 2026, which included cutting fiscal spending by €43.8 billion and reducing the deficit rate to 4.6% of GDP. But some of the tightening measures proposed by the draft caused great controversy. Beirut failed to overcome the vote of confidence in the National Assembly on September 8 and was forced to resign.
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Cover image source: CCTV News