Paris, Sep 12 (FN Agency) France’s economy will continue to grow in 2023 despite the difficult economic situation worldwide, French Economy and Finance Minister Bruno Le Maire said on Monday. “I believe that in 2023 we will have positive [economic] growth,” Le Maire told the LCI TV channel. The government anticipates GDP growth of 1.4% next year, contrary to the analysis by the Bank of France’s Governor, according to which the country is facing a limited recession, Le Maire said.
The minister added that even amid tense economic situation, the number of jobs is increasing, investments in enterprises continue to be used wisely, and the level of household consumption does not change. The difficult economic situation in other countries will affect the situation in France, with the government considering all possible scenarios, Le Maire said, adding that currently, the country’s economy is still stagnating. Since 2021, energy and food prices in Europe have been surging as part of a global trend. After the beginning of Russia’s military operation in Ukraine in February 2022 and the adoption of several packages of sanctions against Moscow by the West, fuel and food prices have accelerated the growth, pushing many European governments to resort to contingency measures.