The public money spill could promote inflation, already at the highest, warns the institution.
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“Touffu”, “complex”, expensive, without coordination, not always effective … The EUR 100 billion revival plan launched to doper the economy after the first wave of COVID-19, in the fall 2020 , takes for his rank. Wednesday, March 9, before the Senate Finance Committee, Pierre Moscovici, President of the Court of Auditors, pinned the heterogeneous content of “France revive”, its sometimes erratic management and its effectiveness to demonstrate.
“The border with other plans or programs in progress is not always well defined and sometimes happens sometimes confused,” said the former Minister of the Economy by presenting the investigation of the Court, carried out At the request of Claude Raynal, the President (Socialist Party) of the Commission. “This complexity is found in the management of the stimulus plan, entrusted to a significant number of actors,” said Moscovici, deploring a “quite heavy administrative machinery”.
As for the speed of execution of the plan, supposed to ensure its effectiveness, “it may have for consideration a lower requirement in the selection of selected projects”. Thus of my primerenov ‘, for the thermal renovation of the housing, considered by the executive as one of the main successes of the plan, and whose envelope was doubled to reach 4 billion euros: the device is not Quite targeted and efficiency “is not insured,” according to the yard.
“Some vigilance”
Even weakness for the follow-up of the sums allocated, which causes “a difficult gray zone to apprehend”, between the disbursement of the state towards the operators, and the moment when the final beneficiaries receive the public money. The Court also noted “the high cost of communication around the recovery plan”. The Government Information Service has dedicated € 17 million, “to which more sectoral communication actions led by departments and operators have been added for several million euros.”.
Finally, in a context of inflation at the highest and tension on supplies, Mr Moscovici called “to a certain vigilance in the pursuit of the implementation of the stimulus plan, to prevent him from helps to accentuate them “. The Court recommends not opening up new credits under the plan beyond end 2022, “and to provide for its deletion as soon as possible after that date”.
End 2021, 72 of the 100 billion euros had been committed and 42 billion actually disbursed. Disbursements could spread until 2026 or even 2028, according to the Court. These critics “join the analysis we had already done, says Raynal. At the moment when the crisis in Ukraine will bring new needs, it is all the more important to get out of this plan because if we put All in bulk, without separate fiscal missions, we will not have any possibility of effective control. “