Gradually, the sums allocated under the recovery plan of 100 billion euros are starting to be distributed, in particular to transport and communities, but also to businesses.

However, this implementation is still partial, with "only" 40 billion euros disbursed by the government for the year 2021.

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On Friday, INSEE announced that France had suffered a massive recession in 2020, with an 8.3% drop in its GDP.

To cushion this economic shock, the government announced billions of euros in spending, which corresponds to the recovery plan detailed in September.

Emmanuel Macron wants the effect to be felt very quickly on the ground in the coming months.

"He has been on the ground for a few days. He must arrive quickly, strong and in a tangible way. It only exists for our fellow citizens, our economic forces and the workers of our country, when it becomes a reality", recently insisted The head of state.

Nine billion already spent

To know where this recovery plan is, we must first dissociate the 100 billion dedicated to the recovery plan from all the money that has been injected to support the economy since the start of the epidemic.

These are really two different envelopes: on the one hand there is the 41.8 billion euros paid to support businesses, with short-time working, aid to the most difficult sectors, as well as 18 billion euros in cost for Health Insurance.

On the other hand, there is the money intended to restore our economy, which corresponds to the recovery plan of 100 billion euros. 

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As part of this recovery plan, 9 billion euros have already been spent.

More than half of this amount concerns transport, with 4 billion euros just for the SNCF, in particular to develop freight and the network.

More than a billion euros has been spent on public transport in Île-de-France, which lost half of its passengers.

"Without the stimulus plan…"

The rest of the 9 billion has been paid both to local communities and to a number of businesses, in particular to encourage them to hire young people.

The goal is to avoid sacrificing an entire generation and ending up without skills when the recovery is here.

"

Part of the money will be used to modernize and increase our production capacity

"

At the moment, over 500 million euros are also being distributed to help companies modernize or relocate their activities.

This is the case, for example, of Damien Rossignon's company, which specializes in electronic systems.

"We will receive 320,000 euros", explains the manager.

"This corresponds to roughly a third of our investments. We have hired two new developers, who joined us between the end of the year and the start of the year to refine our tools, our digitization and our Web interface" , explains this boss.

"Part of the money will be used to modernize and increase our production capacity. We are going to buy machines, with a first one arriving, then a second delivered in early February. Without the recovery plan, we certainly would not have done so. those investments now. "

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Carefully studied files

Is there a delay on the remaining 91 billion euros?

On the contrary, the plan was even triggered a little earlier than expected.

Initially, it was to be implemented this year with 40 billion euros to spend.

The rest should be next year, in 2022. It should also be understood that the money is not distributed like that, blindly, to all those who request it.

Each file is carefully examined.

If we take, for example, the thermal renovation of public buildings, out of the tens of thousands of files, we had to choose 4,000.

Once the exam is finished, the work must begin.

It is only then that the money is released.

In any case, this is huge sums, four times more than what was spent for the 2008 crisis. Nearly 40 billion euros were loaned by Europe, but the money is a little long to unlock.

The first installments will not arrive until spring.

The rest will be financed by debt.

The idea is that this stimulus package will restart growth, which will pay off the debt.

For that to happen, this plan must of course be effective.