Home Business France’s epidemic worsens and enters the blockade again. The economic forecast for 2021 will be lowered again.
France's epidemic worsens and enters the blockade again. The economic forecast for 2021 will be lowered again.

France’s epidemic worsens and enters the blockade again. The economic forecast for 2021 will be lowered again.

by YCPress

April 4 According to a report by the Russian Satellite News Agency on the 4th, French Minister of Economy Bruno Lemaire said on the 3rd that due to the new round of national epidemic prevention restrictions in France, it will reduce the economic growth forecast for 2021 from 6% to 5%.

During the national lockdown at the end of 2020, the French Ministry of Economy has lowered its economic expectations for 2021.

“School closures and 150,000 businesses will help contain the spread of COVID-19, but these measures will have an impact on the French economy.

So we’ll be turning our 2021 economic growth forecast from 6 percent to 5 percent.” “This number is both sincere and cautious,” Lemaire said in an interview. He said that as long as the health crisis continues, the government’s epidemic prevention policy must continue.

Not long ago, in response to the spread of the novel coronavirus, France announced a new round of epidemic prevention blockade measures, which has now entered the third national blockade.

And the French Ministry of Economy, which had previously reported, had cut its economic growth forecast for 2021 from 8% to 6%, during the second national lockdown in November 2020.