France must make 'credible' progress on deficit: finance minister [Yahoo! Finance]
Moody's Corporation (MCO)
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Source: Yahoo! Finance
Antoine Armand spoke to AFP on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington ahead of a Moody's decision, expected Friday, on France's credit rating. The IMF forecasts that France's public deficit will be 6.0 percent this year, and remain there through 2029. But these figures do not include France's recent budget proposal, which predicts a deficit of less than three percent in five years' time. Vitor Gaspar, who heads the IMF's Fiscal Affairs department, told reporters on Wednesday that the IMF was "waiting for more clarity coming from actual enacted measures in France." Asked about these calls for clarity, Armand said additional details of his government's plans would be forthcoming. "It's normal for the IMF to need a line-by-line breakdown to understand our trajectory," he told AFP. "And additional spending savings will be documented in the parliamentary debate." "The work we'll be doing over the coming months w
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MCO
Earnings
- 10/22/24 - Beat
MCO
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/12/24 - Form 4
- MCO's page on the SEC website