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France to ease recession forecast

The French government is preparing to ease its recession forecast for 2020.

According to the information provided by sources close to the French Ministry of Finance, the French government. Preparing to ease the recession forecast for 2020.

According to the information provided, the government has announced that the 2020 GDP contraction forecast previously announced as 11 percent, It will bring it to 10 percent in the 2021 budget to be announced at the end of this month.

The French government’s GDP growth forecast for the next year. Protection is expected at 8 percent.

Another forecast expected to be revised will be the 2020 budget deficit. Its initial forecast, announced as 11.4 percent, will be reduced to 10.2 percent.

Written by Maraaz

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