The Cour des comptes (the French Court of Auditors) is making its report public on the French government’s budget in 20171, along with 66 analyses on execution of the budget. Budget execution in 2017 saw stronger economic growth than expected by the Initial Finance Law (LFI). In spite of the resulti...
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The Cour des comptes (the French Court of Auditors) is publishing a report on the quality of accounting for government agencies that are required to have their accounts certified by an external auditor, pursuant to Article L. 132-2-2 of the French Financial Jurisdiction Code. This exercise is part o...
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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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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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The Cour des comptes has published a report, produced jointly with the regional courts of audit, on the financial position and management of local governments and their public institutions. The local public administration authorities ('APUL') account for 20% of government spending and are obliged to...
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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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The structure of the French labour market puts young people in particular at a disadvantage. It takes them longer to find stable employment, they are more commonly faced with job insecurity and involuntary part-time work, and they have a high poverty rate. For several decades, a number of assistance...
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The Cour des comptes is publishing its annual report on the application of the Social Security Financing Acts. The reduction of the social security deficit continued in 2015. However, the deficit is still high and its persistence remains a singular anomaly with regard to most of our neighbours. The ...
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This report on the situation and outlook of public finances is prepared, as in every year, pursuant to Article 58-3° of the by-law relating to finance acts (LOLF). Filed jointly with the Government’s report on the development of the national economy and the guidelines for public finances, it is inte...
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