France files its 2027 budget bill with a deficit target of 5.0 per cent of GDP

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France files its 2027 budget bill with a deficit target of 5.0 per cent of GDP

10 October 2026

The Projet de loi de finances (PLF) for 2027 was registered at the presidency of the National Assembly on 1 October 2026 as No. 3210 and referred to the finance committee. It was presented on behalf of Prime Minister Sébastien Lecornu by Roland Lescure and David Amiel. The government forecasts a public deficit of 5.0 per cent of GDP in 2027, an improvement of 0.4 point from 2026. Public debt is forecast at 121.7 per cent of GDP in 2027. Net tax revenue is forecast at 375.7 billion euros. This is a bill at the start of parliamentary examination, not an adopted budget.

Bill number: No. 3210 2027 deficit forecast: 5.0% of GDP 2027 public debt forecast: 121.7% of GDP Net tax revenue 2027: 375.7 billion euros

Why it matters for exams: Budget cycle, deficit-to-GDP ratio and the role of the lower house are standard economy and polity topics.

UPSCSSCBank

10 October 2026 Source: Assemblée nationale

In plain words

PLF Projet de loi de finances — The French government's annual draft state budget law, filed first at the National Assembly.