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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

French economy back to pre-Covid levels by H1 2022

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PARIS: The French economy will return to its pre-Covid 19 levels of economic activity by the first half of 2022, said French Finance Minister Bruno Le Maire (pictured) on Monday, who also reaffirmed his target of 5 per cent economic growth for France in 2021.


“Economic growth is back in the first quarter... I think we will have a strong growth in 2021,” Le Maire told France Info radio.


He ruled out a second economic stimulus plan on top of France’s current 100 billion euros ($122 billion) economic stimulus plan.


Le Maire, added, however that it was fair to raise the issue of longer-term investment plans for France. — Reuters


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