Question 23923 — economic policy

Summary

Ms. Nadia Ramassamy questions the Prime Minister about the major investment plan of 57 billion euros, announced by the President of the Republic in the fall of 2017. In the fall of 2017, the President of the Republic and the Prime Minister launched a major investment plan in order to restore public accounts while investing in major strategic sectors. Namely, investments to accelerate the ecological transition, to develop innovation technologies, to enrich training offers and to reform the State. Furthermore, all ministries had to get involved in the deployment of this plan by receiving part of the 57 billion euros. Two years later, it notes on the one hand that access to the budget dedicated to these investments is complex for the ministries, and on the other hand that the credits of this plan have been recycled into credits already existing budgetary plans, while the lack of information from the Government does not make it possible to monitor the progress and timetable of this plan, nor the amounts available to the ministries. Thus, of the 57 billion euros announced, the Government was committed to providing 24 billion in new credits, to which should be added the redeployment of 10 billion euros dedicated to the third part of the investment program. of the future (PIA). However, these credits have still not been committed to date. However, she recalls that the level of State investment has been historically low for two years. As proof, in 2009, public investment exceeded 5% of GDP compared to 4% today. Furthermore, France is now progressing significantly more slowly than its neighbors: in 2018, public investment increased by 4% compared to 7% in the European Union and in Germany. Also, currently 90% of public investment is carried out by local authorities or hospitals. However, our transport infrastructure (bridges, railway networks, roads) is far behind our European neighbors. And it is also necessary to support research, the modernization of businesses and technologies to accelerate the energy transition. Finally, due to interest rates negative that France currently has, it is difficult to understand why the Government does not invest more. Therefore, she asks him what the Government plans to do to relaunch this major investment plan.

Machine translation from French. The official text remains authoritative.

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