Global Europe

Finance Bill 2025: France slashes development aid by 18% to curb deficit

The French draft budget, prepared over the summer by the resigning government, proposes an 18% cut to official development assistance (ODA) to tackle a soaring public deficit, raising concerns among NGOs and political leaders who warn of the impacts on international aid.

Last February, the French government announced savings of €800 million on official development assistance for 2024, and further cuts are planned in the draft of the 2025 budget. [GoodStudio-Shutterstock]

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Sarah N'tsia Euractiv FR 13-09-2024 10:56 4 min. read Content type:

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Updated: 01-10-2024