China News Service, December 18th. According to the "Europe Times" report, on the 17th local time, the French National Assembly passed the 2021 budget, which includes a large emergency response to the epidemic and a "renewal fund."

Some politicians worry that France may face difficulties in repaying its epidemic debts and worsening poverty.

  According to reports, the new crown epidemic has repeatedly disrupted France's budget plans.

French authorities were forced to lower their macroeconomic forecasts for 2021 and increase emergency assistance to severely damaged industries such as catering and cultural activities.

  The French government predicts that the country's GDP may fall by 11% in 2020, and will rebound by 6% in 2021, with a deficit of 8.5%, and debt rising to 122.4% of GDP.

The Bank of France’s forecast is even more pessimistic, believing that GDP will only rebound by 5% in 2021.

  In the face of an "unprecedented crisis", French Minister of Economy Le Maire previously revealed that in 2021, France will allocate more budget to support industries severely affected by the epidemic, such as the catering industry, exhibition and entertainment industries.

  In 2021, the "Revitalization Plan" will receive 22 billion euros in funding.

Part of the unemployment benefit budget increased from 6.5 billion euros to 11.4 billion euros.

For companies that continue to close or are severely affected by the epidemic prevention order in early 2021, the aid budget will be increased from 2 billion euros to 7 billion euros.

  Other budgets are used to supplement the exempted miscellaneous expenses, food assistance, and subsidies for ski resorts, airports, post offices, etc.

The budget also includes the government's previous commitment to reduce corporate production taxes by a total of 10 billion euros for the purpose of helping the epidemic.

  According to the report, French right-wing politicians expressed support for the revitalization plan, but also pointed out that the plan was “lagging behind”, some aspects had nothing to do with the epidemic crisis, and lack of focus.

  Left-wing politicians believe that the revitalization plan is "much below" demand and that environmental performance is insufficient.

Congressman Eric Coquerel tried to dismiss the budget but failed.

He worries about "the new and more serious'epidemic', that is, poverty."

  The French government once again promised not to increase taxes and announced that it will discuss the revitalization of public finances in the next few weeks and months.