The governance of public finances must be improved, argues the Court of Auditors

The financial body points to the “slippages” of successive governments, and draws up a “disappointing” assessment of the management of public finances.

Slippage of public accounts, unreadable global vision of expenditure and revenue of the State, local communities and: the governance of public finances must be improved, pleaded Wednesday

In a report published at a time when public finances are being put to the test by, the Court of Auditors makes a finding of failure of the governance of public finances in France. No balanced budget for forty years, fifteen budgets with a deficit exceeding 3% of gross domestic product (GDP) since the creation of the euro, constant worsening of the public finances situation unlike many of our European neighbors, notably the Court.

The Court points to the failure of the various governments to comply with the public finance programming laws, introduced in 2008 and supposed to chart a five-year trajectory for public finances. The balance sheet is “disappointing“, with some “repeated slips»Fixed trajectories, without the crises or other economic disturbances being able to explain these differences. The Court therefore recommends strengthening the tools for monitoring and controlling this trajectory, for example by obliging governments to justify any deviations each year.

Faithful to criticisms already formulated in recent years, the Court also regrets the “fragmentation“, the “fragmentation“And”complexity»Of the budgetary institutional framework. Numerous administrations within the State, social security and local authorities including “skills overlap“Sometimes have financial ties that are intertwined, which is detrimental to the”readability»Of the public accounts. So today there is a “crumbling»Considerable means of financing public policies, part of which is beyond the control of Parliament.

Among its sixteen recommendations, the Court therefore proposes in particular that a new mission be integrated into the State budget each year to bring together all its financial relations with local authorities, in order to have a complete view. Or to set for five years in the programming law the rules for sharing taxes between the State, Social Security and communities. It also recommends integrating into the various missions of each budget (Securities, School education, Ecology, etc.) all the means allowing the financing of these public policies, such as tax loopholes or assigned taxes, and not only credits to the public. strict sense.