Keyword: deficit target
Staistics released Monday show France's deficit fell to 4.3% of GDP in 2013, missing the set target by 0.2% despite austerity measures.
The nominal deficit last year was 4.8% of GDP while public debt rose last year to 1.8tn euros, representing a record 90.2% of GDP.
The country's deficit will "without a doubt" be 3.7% of its output this year, he said, above the 3% he promised to cut it to during the election last year.
IMF says France would hurt economic activity with further tax hikes aimed at reaching 3% deficit target, which it predicts is already missed.