The French government has committed to a major investment plan of 57 billion euros, to be carried out in a five-year period, to support structural reforms and meet four major challenges in France: carbon neutrality, access to employment, competitiveness through innovation and the digitization.
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WHAT IS IT?
The Grand plan d’investissement (GPI) is based on four priorities: accelerate the ecological transition (20 billion euros), build talent among people (15 billion euros), anchor competitiveness on innovation (13 billion euros) euros) and build the digital state (9 billion euros).
For these four priorities, the funding breaks down as follows:
1. ACCELERATE THE ECOLOGICAL TRANSITION
2. STRENGTHEN SKILLS AND EMPLOYMENT
The objectives of the GPI in this area:
3. CONSOLIDATING INNOVATION AND COMPETITIVENESS
4. BUILDING DIGITAL STATUS
4.4 billion euros to make the state more agile and improve the quality and accessibility of public services. The Grand plan d'investissement aims to make 100% of the public services dematerialized (except issuing identity documents) and must make it possible to sustainably reduce public spending by 2022;
4.9 billion euros to accelerate the digitization of the health system and social cohesion. These include developing health homes in territories lacking doctors, modernizing hospital equipment and supporting medical research.
LE GRAND PLAN D’INVESTISSEMENT WILL NOT INCREASE PUBLIC DEFICIT
Its financing is based on several types of levers:
Finally, the GPI will finance le Programme d’investissements d’avenir (Future Investment Program 3 of € 10 billion), the priorities of which were defined but not yet funded.
The Government is conducting structural reforms to address four major challenges: turning the corner on carbon neutrality, improving access to employment, boosting competitiveness through innovation and inventing the digital age.
Accompanying these investment reforms is to ensure their effectiveness in giving a job-seeker the skills they need to find work, allow a modest household to isolate their home to reduce their energy consumption, or accelerate the digital transition of public hospitals.
A large plan allows a global and legible approach while transforming the function of investor of the State: selected on rigorous criteria to reach explicit objectives of transformation, the investments will be put in place, followed and evaluated in order to know their real impact and to be able to amplify or reduce them according to their utility.