Economic growth likely to return to pre-COVID-19 levels in early 2022: French Finance Minister Bruno Le Maire

In a statement on Monday, French Finance Minister Bruno Le Maire said, the public deficit is likely to hover at 9.4% of the country’s gross domestic product; the previous estimate was 9%.

In an interview with national TV channel France 2 television, Le Maire said, he expects economic growth to return in early 2022 to pre-COVID-19 levels, reiterating his earlier forecast of 5% economic growth this year.

“I am convinced that we will achieve 5% growth in 2021 and that we will return at the start of 2022 to the same level of economic activity that we had before the crisis,” said Le Maire.

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