“What is important is that the medium-term path”

Laurent Saint-Martin, the rapporteur of the budget to the national Assembly, recommends to review the indicators used to measure the debt.

Laurent Saint-Martin, mp for the Val-de-Marne.
Laurent Saint-Martin, mp for the Val-de-Marne. Jean-Christophe MARMARA/Le Figaro

The debate on the public debt has become completely binary. Half of the people believes the catastrophic situation, because 120 % of debt to GDP, it is “still huge”. And the other half says that there is no subject because the debt will be cancelled.” By accepting a mission on the public debt, Laurent Saint-Martin, the rapporteur of the budget to the national Assembly, wanted to get out of this opposition rhetoric. For the mp LREM, these positions of principle, to prevent, in effect, that emerges in the country, but also in the Assembly, a calm debate on the financing of public policies.

The parliamentary committee recommends in its report, which will be fully published at the beginning of July, to review the indicators used to measure the debt. So far, the vast majority of observers continued to focus on the ratio of debt to GDP ratio. This measure, however, has been largely emptied of meaning ; the goal of a cap on debt at 60 % of GDP, set in the

This article is restricted to subscribers. You still have 68% to
discover.

Subscribe : 1€ the first month

cancellable at any time

.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.