The National Council recently passed draft law No. 1111, amending the budget for the 2025 financial year. The newly amended budget shows a revenue surplus of €86 million (compared to -€88.6 million in the 2025 Initial Budget) or a €174.6 million increase in budget.
The changes between the Initial and Amended Budget show an increase in revenue of €356.5 million (or 17%). Expenditure was also up by €181.9 million (or 8.3%). The total budget was brought up to €2.369 billion.
“The appropriations allocated by the aforementioned law for the 2025 budget expenditures are amended and set overall at a maximum sum of €2,368,554,500, divided into €1,387,265,800 for ordinary expenditures (Statement “B”) and €981,288,700 for capital expenditures and investments (Statement “C”),” states the National Council’s new draft law.
Increase in Tax Revenue
According to the National Council, several significant developments have altered the balance of the 2025 Initial Budget. The significant €356.5 million increase in revenue is mostly due to tax revenue (€273.5 million). The second-biggest contributor to revenue was “government revenues and income” (€65.1 million).
New Hospital
The increase in capital expenditures (€130.8 million) includes €90 million for the “replenishment of the deposit account dedicated to the construction of the New Hospital,” and “€70 million for the purchase of acquisitions made by the Constitutional Reserve Fund.” The current modification of the program for the ‘SNCF Urbanization – Charles III Base’ operation resulted in a decrease in the budget allocation of €21 million.
Ordinary expenditures were adjusted by +€51.1 million, including +€32.7 million for public interventions, including an increase in subsidies allocated to the CHPG and its satellite establishments (+€21 million). The Treasury’s Special Accounts show €79.8 million in revenue and €75.9 million in expenditure.
According to the National Council, “The overall balance of public finances is as follows: Budget revenue surplus + €85,993,500; special treasury accounts revenue surplus + €3,935,200.”
