Renovation plan for schools and universities

The French government has proposed a plan to renovate school and university buildings, requiring 5 billion euros in funding. Four billion euros will come from loans provided by the Bank of Territories, while one billion euros will be allocated specifically for university buildings.

Initiative starts in 2027

The renovation initiative is set to begin in 2027 and aims to address concerns raised by high school students and their families regarding the condition of educational facilities. This plan is part of broader efforts to improve the learning environment and infrastructure.

Deficit target remains unchanged

According to David Amiel, the minister of Public Action and Public Accounts, the government's 5% public deficit target "remains untouchable." The funding for the renovation plan will be achieved through "additional efforts," which are yet to be detailed.

Scholarships indexed to inflation

The government has also announced that student scholarships will be indexed to inflation, which will cost more than 100 million euros annually. This measure is intended to help students cope with rising living costs while maintaining the deficit target.

Details to be discussed in parliament

The specifics of how these additional efforts will be implemented will be discussed during parliamentary debates around the 2027 budget. These discussions are expected to take place in the coming weeks, as the government finalizes its financial strategy.