OECD Proposes Tax Hikes and Pension Reform to Restore France's Finances

The OECD has outlined a plan for France to restore its public finances, recommending a combination of tax increases, an elevated retirement age, and spending cuts to prevent public debt from soaring.

1 Jul, 13:00 — 1 Jul, 13:00

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le-mondeHigh10d ago

Tax hikes and pension reform: OECD lays out plan to restore France's public finances

Without decisive action, France's public debt could soar to 127% of GDP by 2030, the international organization warns. It recommends a mix of tax hikes, an increased retirement age, and spending cuts to tackle the issue.

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OECD Proposes Tax Hikes and Pension Reform to Restore France's Finances

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Tax hikes and pension reform: OECD lays out plan to restore France's public finances

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