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We went too far in use of consulting companies By Reuters

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© Reuters. FILE PHOTO: French Minister for Financial system, Finance, Business and Digital Safety Bruno Le Maire leaves following the weekly cupboard assembly on the Elysee Palace in Paris, France, October 26, 2022. REUTERS/Sarah Meyssonnier

PARIS (Reuters) – The French authorities made extreme use of consultancy companies previously and is now striving to appropriate that, Finance Minister Bruno Le Maire mentioned on Sunday.

Emmanuel Macron’s authorities has come below strain in current months for being too depending on consultancy teams.

Monetary prosecutors mentioned earlier this week they had been investigating his election marketing campaign as a part of a wider probe into consultancy agency McKinsey and its hyperlinks to the president.

“We went too far. For years, this authorities and former governments relied an excessive amount of on consultancy companies. It drifted. This was corrected by the Prime Minister’s instruction that each one ministries minimize by 15% using consultancy companies,” Le Maire instructed France 3 tv.

Between the primary half of 2021 and the primary half of 2022, the Finance Ministry had as an example managed to chop by 34% its use of consultancy companies, he added.

Le Maire didn’t touch upon information France’s nationwide monetary prosecutor’s workplace had widened the scope of an present probe into alleged tax fraud by consultancy group McKinsey to incorporate the function of consultancy teams within the 2017 and 2022 election races.

Macron on Friday mentioned his 2017 marketing campaign funds had been checked and cleared by judges in his first public feedback on the probe.

A report by the French Senate in March 2022 had notably identified that the federal government was “dependent” on consulting companies equivalent to McKinsey.

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