Public Finance
CFA warns of additional borrowing that would raise debt to 43.6% of GDP
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The Autonomous Fiscal Council warned Tuesday about the effects of the additional borrowing project for US$6.200 million. Gross debt would reach up to 43.6% of GDP in 2026.
The Departamento Nacional de Planeación clarified that the migration of the Sistema Unificado de Inversión y Finanzas Públicas to the Plataforma Integrada de Inversión Pública took place as planned between June 26 and July 1, 2026.
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Renewed tensions in the Middle East pushed Brent above US$85 this week, which could inject an additional $4 trillion into national coffers if the upward trend holds.
A barometer from the Conseil des prélèvements obligatoires, released on November 27, indicates that tax consent remains high in France. Yet, a growing majority of French people voice dissatisfaction with public finance management. Taxpayers believe public services could improve without increasing levies.
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An update to housing files by France's Ministry of Economy will cause a property tax increase for 7.4 million homes in 2026. The operation aims to incorporate comfort criteria for greater fairness. The average rise will be 63 euros per home, generating an extra 466 million euros for local authorities.