France : Staff Report for the 2005 Article IV Consultation

1FRAEA2005005 Image
Price:  $15.00

Release Date: © November, 2005
ISBN : 978-1-45181-367-8
Stock #: 1FRAEA2005005
Stock Status: On back-order

Languages and formats available



This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in hours, increases in minimum wages, and some fiscal measures supported private household incomes. The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP.

More publications in this series: IMF Staff Country Reports