France urged to accelerate debt cuts


A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018. REUTERS/Yuri Gripas/File Photo

PARIS: France will achieve the smaller deficit it aims for this year but must be ready to make further significant efforts in the future to tackle rising debt, according to the International Monetary Fund (IMF).

In its Article IV review, the Washington-based institution said the country’s shortfall gap is on track to narrow to the government’s target of 5.4% of economic output this year.

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IMF , budget , deficit , France

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