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Macron's Spending Soars: 125.5 Million Euros in 2023 Amid Public Outcry

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Discover how President Macron's spending reached 125.5 million euros in 2023, leading to a significant deficit and sparking public outrage. Explore the details of extravagant receptions and costly trips that have raised concerns about financial management in the Elysee Palace.


Macron's Presidential Expenses Surge Amid Criticism

In a revealing annual report from the Accounting Council, it has come to light that French President Emmanuel Macron's spending has dramatically increased, leading to a deficit of 8.3 million euros ($9 million) in 2023. This marks a stark contrast to the previous year's surplus of 300,000 euros ($327,000). The report details that the total expenses for the Elysee Palace reached an unprecedented 125.5 million euros ($136.98 million), raising concerns about the financial management of the presidential office.

Breakdown of Costs: Receptions and Travel

The report highlights that the largest portion of the deficit stems from Macron's numerous receptions and trips, totaling 112 events, with 69 of those involving air travel. The cost of hosting 171 receptions in 2023 was estimated at 4 million euros ($4.37 million), reflecting a notable increase from previous years. Notably, the extravagant official dinner for Britain's King Charles III topped the list, costing 475,000 euros ($519,000). Additionally, travel expenses surged to 23.2 million euros ($25.5 million), a 7% increase from last year, with the most expensive trip recorded to Oceania at 3.1 million euros ($3.4 million).

Calls for Financial Accountability

The Accounting Council's report urges for increased vigilance and accountability regarding the presidential budget. It critiques the rising costs associated with Macron's domestic and international trips, emphasizing the need for better organization and planning to mitigate unnecessary expenses. The Elysee Palace has defended its financial standing, claiming that the budget remains balanced and that any deficits were covered by available funds. However, public outcry continues as citizens express concern over the fiscal responsibility of their government.

  • The report also draws a comparison between Macron's travel expenditures and those of former President François Hollande, highlighting a significant increase in the average cost of presidential trips over the past seven years. Hollande's final year saw 142 trips costing 17.7 million euros ($20 million), whereas Macron's costs have escalated to an average of 207,000 euros ($226,000) per trip. Furthermore, the report underscores the impact of canceled trips on the budget, with significant losses incurred due to last-minute cancellations. The Elysee Palace has been urged to reassess its travel and reception strategies to ensure taxpayer money is spent more judiciously.
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Refs: | Aljazeera |

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