The rating agency Moody's considers it "unlikely" that France will meet its deficit reduction objective. She also estimates that the 10 billion euros in additional savings in 2024 are insufficient to “put the government back on the planned budgetary trajectory” The announcement of a slippage in the deficit to 5.5% of GDP (gross domestic product) in 2023 "makes it improbable" that the government will meet the objective of reducing the public deficit to 2.7% by 2027.