As a result of the 2014 railway reforms, France now has a unified full-fledged railway infrastructure manager in place in the form of SNCF Réseau, which is equipped with all the operational resources it requires to deliver on its remit. In 2018 a new reform transformed the organisation, with effect ...
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Banque de France, a unique institution wholly owned by the French state, is part of the Eurosystem. Accordingly, it issues banknotes and circulates them within French territory, maintains paper money and ensures that it is circulated effectively. It holds the nation's foreign currency reserves and e...
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In an opinion published in 2014, the Court indicated that the use of funds resulting from appeals to public generosity issued by the National Union for the Blind and Visually Impaired (Unadev) was not consistent with the objectives presented by the association. The principal objective of this audit ...
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The creation of the Direction Générale des Finances Publiques (DGFiP – Public Finances General Directorate) in 2008, by the merger of the Direction Générale des Impôts (DGI – General Directorate of Taxes) with the Direction Générale de la Comptabilité Publique (DGCP – General Directorate of Public A...
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L’Institution des courses, the French collective horse-racing body, encompasses five main entities, including Société d’Encouragement à l’Élevage du Cheval Français (SECF) and France Galop, which organise trot and gallop horse racing respectively, and manage the main race courses. These two parent c...
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France set aside about €10 billion a year on defense equipment projects during the period covered by the current Military Programming Law (LPM) i.e., 2014-2019. The LPM bill being debated in Parliament provides for an increase in these investments for the period 2019-2023, with an annual average of ...
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Valorisation of public research refers to the way in which knowledge developed by researchers in public structures is used by companies or the researchers themselves to produce economic and social value. This may be achieved via partnerships between public laboratories and companies, technology tr...
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The 2018 annual public report is divided into three volumes: - volume I sets out the observations and recommendations resulting from a selection of controls and investigations conducted in 2017 by the Cour des comptes and the regional and territorial courts of audit; - volume II presents the follow-...
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Resulting from the reorganisation of Oséo, CDC Entreprises, Fonds Stratégique d’Investissement (FSI) and FSI Régions, Banque publique d’investissement (Bpifrance) was launched in 2012 to develop and broaden government support for corporate financing and to mitigate the risk of a credit crunch. Its s...
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More than 10 years after its previous report on central government civil servant pensions, the Cour des comptes has once again carried out an analysis of civil servant pension schemes, including local government and hospital civil servants. It has examined their specific characteristics and progress...
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