France's social security deficit could reach 46 billion French francs ($9 billion) in 1996, including the health service budget deficit, instead of the "residual" 16 billion francs envisaged and expected by the government.
This has been disclosed in an internal document from a group of administrators from the ACOSS agency. Commonly designated the "social security bank," they have calculated that the deficit will exceed government expectations by 30 billion francs, with the health service budget alone reaching 28 billion francs.
If these figures are even approximately correct, they mean that the Juppe plan to adjust the large hole in the budget is not tough enough.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze