French Prime Minister Le Corney: The government will suspend pension reform until the next general election

French Prime Minister Le Corney said that the government will suspend the pension reform until the next presidential election in 2027.

Reuters reported that Le Corni made the above position clear when addressing parliament on Tuesday (October 14). I will propose to suspend the 2023 pension reform from this autumn until the next presidential election. From now until January 2028, the retirement age will not be raised.

But he also warned that the cost of suspending pension reform would be high, with 400 million euros (about 600 million Singapore dollars) to be spent in 2026 and reaching 1.8 billion euros by 2027.

French Prime Minister Le Corney (on stage) addressed the parliamentarians on Tuesday. (AFP

Furthermore, Le Corney called on lawmakers not to use the budget vote as a means to vote for the removal of the government. There is no longer any excuse to raise a motion of no confidence now.

Le Corni's budget proposal suggests cutting spending by 30 billion euros and keeping the deficit within the target range of 4.7%.

It is reported that the new government formed by Le Corney must submit the draft budget for 2026 by Tuesday's deadline in order to pass the bill in accordance with normal procedures by the end of the year. Otherwise, the National Assembly may have to pass an emergency bill to ensure that the government has sufficient funds.

However, both the far-left party Unyielding France and the far-right National Front proposed motions of no confidence on Monday (the 13th).