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LAUNCH OF THE FRENCH RECOVERY PLAN

(AGENPARL) – PARIS (FRANCE), mar 15 settembre 2020

Launch of the French recovery plan | Direction générale du Trésor

On September 3, the Government presented a €100 billion plan to support economic activity and job creation.The recovery plan is designed to sustain the growth potential of the French economy. It will support French companies and industries’ competitiveness and invest in technologies to maintain France among the most competitive and innovative countries. It will also pave the way for the French economy of 2030, which will be greener given the emergency to speed up the ecological transition.

France Relance

The objective of the French recovery plan is to transform the economy by investing primarily on the most innovative sectors and ensuring that France can restore, as soon as 2022,  the level of economic activity of 2019.

The €100 billion recovery relies on three pillars : green transition, competitiveness and social and territorial cohesion.

Green transition

€30 billion euros will be allocated to the green transition.
The objective is to accelerate the green transition of the French economy, so that it becomes more sustainable and more respectful of our natural resources, while achieving carbon neutrality by 2050.

Competitiveness

The recovery plan will support investments that will make the French economy more competitive. It will support the development of high added value activities in France and job creation.

Social and territorial cohesion

The recovery plan includes a social and territorial measures that will prevent the increase of inequalities linked to the economic impact of the crisis.

+ Read the French Recovery Plan >>

The measures of the recovery plan will be implemented gradually until 2022. However, some measures have already been adopted under the amended budget law for 2020. Most of the other measures will be included in the budget law of 2021 which will be submitted to the Parliament for review in October 2020 and voted on by the end of the year.

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Fonte/Source: https://www.tresor.economie.gouv.fr/Articles/2020/09/15/launch-of-the-french-recovery-plan

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