💨 Abstract

French Prime Minister Michel Barnier has appointed 33-year-old Antoine Armand as economy and finance minister and 39-year-old Laurent Saint Martin as budget minister, tasking them with plugging a budget deficit of 6% GDP. Both are political newcomers and will have to find a balance between tax hikes and spending cuts to meet the 2025 budget deadline, facing opposition in a divided parliament and criticism from international partners.

Courtesy: theprint.in