Beautiful Virgin Islands

Sunday, Feb 05, 2023

France went ‘too far’ in relying on consultants like McKinsey, finance chief admits

France went ‘too far’ in relying on consultants like McKinsey, finance chief admits

‘I think there has indeed been a slip-up,” Le Maire says on France 3.
The French government has relied too much on external consultants such as U.S. firm McKinsey, French Economy and Finance Minister Bruno Le Maire said Sunday.

The statement comes just days after investigators in France launched probes into the role that consultancies played in the French 2017 and 2022 elections, amid allegations of irregular campaign financing and suspicions that work carried out by consultants was under-billed in contravention of France's strict electoral laws.

Le Maire admitted that French governments in recent history have overly relied on consultancies. "I willingly recognize it, and I think that we have gone too far," Le Maire told the Sunday in Politics program on TV channel France 3. "Whether it's this government, previous governments ... I think there has indeed been a slip-up," Le Maire said.

POLITICO has previously reported how consultancies such as McKinsey, Accenture, BCG, Citwell and Capgemini have come to play a giant role in French politics, winning billions of euros worth of state contracts in the period since Emmanuel Macron took power. In the run-up to his successful re-election bid this year, Macron took flak for his dependence on the private sector which accelerated during the pandemic, with critics saying the trend chips away at accountability and transparency, and also disparages the capabilities of the civil service.

France's government has set itself rules to reduce spending on private sector contracts by 15 percent across ministries. Paris responded to the controversy, dubbed the "McKinsey affair," by announcing a flexible ceiling on private sector contracts that will kick in next year.
Newsletter

Related Articles

Beautiful Virgin Islands
Close
0:00
0:00
Tennessee Bill Would Imprison People for 3 Years If They 'Lie' About Rape to Get an Abortion.
I have a dream, MLK inspiring speech
Charlie Munger, calls for a ban on cryptocurrencies in the US, following China's lead
Aretha Franklin, Marvis Staples - Oh Happy Day
EU found a way to use frozen Russian funds
BVI Freedom Song
First generation unopened iPhone set to fetch more than $50,000 at auction.
Billy Preston - You Can't Beat God Giving (Live)
WARNING GRAPHIC CONTENT - US Memphis Police murdering innocent Tyre Nichols
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Almost 30% of professionals say they've tried ChatGPT at work
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Interpol seeks woman who ran elaborate exam cheating scam in Singapore
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
What is ChatGPT?
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’
Hello Dolly
Tesla reported record profits and record revenues for 2022
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Prince Andrew and Virginia Giuffre Photo Is Fake: Ghislaine Maxwell
Bob Marley - Get Up Stand Up
Opinion | Israel’s Supreme Court Claims a Veto on Democracy
Yes He Can
Moonwalker Buzz Aldrin Gets Married On His 93rd Birthday
What A Friend We Have In Jesus
Who’s Threatening Israeli Democracy?
Unforgettable
Federal Reserve Probes Goldman’s Consumer Business
Touch The Hem Of His Garment
China's first population drop in six decades
The Lord's Prayer
Microsoft is finalising plans to become the latest technology giant to reduce its workforce during a global economic slowdown
THE GOD MOVEMENT...BEAUTIFUL BVI
China's foreign ministry branch in Hong Kong urges British gov't to stop the biased and double standards Hong Kong report
Siyahamba
Tesla slashes prices globally by as much as 20 percent
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
1.4 Million Copies Of Prince Harry's Memoir 'Spare' Sold On 1st Day In UK
Ramblin' Rose
After Failing To Pay Office Rent, Twitter May Sell User Names
Protoje - Who Knows ft. Chronixx
Lisa Marie Presley, singer and daughter of Elvis, dies aged 54
Pressure - Virgin Islands Nice
FIFA president questioned by prosecutors
Phil Wickham - House Of The Lord
Britain's Sunak breaks silence and admits using private healthcare
My God Is Real (Yes, God Is Real)
Hype and backlash as Harry's memoir goes on sale. Unnamed royal source says prince 'kidnapped by cult of psychotherapy and Meghan'
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Saudi Arabia set to overtake India as fastest-growing major economy this year 
Louis Armstrong - When The Saints Go Marching In
Google and Facebook’s dominance in digital ads challenged by rapid ascent of Amazon and TikTok
Kanye West Sunday Service - hallelujah, salvation, and glory
FTX fraud investigators are digging deeper into Sam Bankman-Fried's inner circle – and reportedly have ex-engineer Nishad Singh in their sights
Jonathan Nelson - I Believe (Island Medley
TikTok CEO Plans to Meet European Union Regulators
From The Virgin Islands Sqad Up
UK chaos: Hong Kong emigrants duped by false prospectus
Common, John Legend - Glory
France has banned the online sale of paracetamol until February, citing ongoing supply issues
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
Japan reportedly to give families 1 million yen per child to move out of Tokyo
I have a dream, MLK inspiring speech
×