OECD Calls for France to Cut 3% of GDP by 2030

The Organisation for Economic Co‑operation and Development (OECD) warned that France will need to implement a fiscal contraction equivalent to about 3% of its gross domestic product by 2030. It added that France’s budget deficit in 2026 is projected to reach roughly 5% of GDP, while the country’s debt is expected to continue rising. The OECD stressed that France’s weak fiscal position requires immediate action.