Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result

Five ways France throws money down the drain

byCT Report
15/02/2016
in Uncategorized
Share on FacebookShare on Twitter

PARIS: France’s top auditors, the Cour des Comptes, said in their annual “how to save money” report here the other day that there are numerous ways France can save and make money. Here are five.

France’s top state auditor released a 1,336-page report here the other day that looked into examples and risks of wasteful government spending.

You might also like

Pakistan’s first donkey meat export to China to woo fresh investment

15/07/2026

OICCI asks FBR to clear Rs103b in pending tax refunds

15/07/2026

And France is going to have to pay attention, not least considering reducing its deficit to 3.3 percent of GDP this year, and below three percent next year.

Here are a few of the report’s recommendations on how France can reduce the most egregious examples of government waste.

No post on Saturdays

The auditors noted that France wasn’t adjusting to people’s decreasing dependence on old-fashioned snail mail. Postal workers may be “under occupied” because of this, and what’s more, they’re allowed to clock off when they’ve finished their round, meaning it’s almost impossible to know how much potential working time is being lost.

The body also wondered if it’s really necessary to have mail delivered on Saturday, and whether a switch to only weekdays was due. And with improving technology, the auditors noted that sorting mail could be increasingly handed over to machines.

The Nuclear cost of power plants

Maintaining France’s nuclear plants will cost an estimated €100 billion by 2030, which works out as €1.7 billion per reactor.

While this should create around 110,000 jobs by 2020, there is a risk that many of the plants will actually be closed down. A recent law change requiring France to cut down on nuclear energy production from 75 percent now to 50 percent in 2025 means that up to 20 of France’s 58 nuclear reactors may close before 2025.

Rail improvements

While there have been investments in national rail service SNCF – particularly with improving the high-speed fleet, there are other issues that need addressing, said the Cour de Comptes.

The report noted that around 15 percent of the country’s overhead wires were over 90 years old.

It also noted that the service was “antiquated” and could do with general improvements – pointing out that a daily commuter using the RER A and RER B lines in Paris would “hardly go one week” without being hit by delays.

Paris Metro too cheap

A monthly Navigo pass in Paris sets a traveller back €70 – which is hardly pricey enough, said the auditors.

It said the price was “one of the lowest compared to major foreign cities that are comparable to Paris”.

No to fare-jumpers

People not paying for tickets in the Ile-de-France region, which includes Paris, costs France €366 million a year. And it could be higher, the report said.

The figures are astounding – 123 million cases of people travelling without the proper bus ticket, 23 million on the trams, 84 million on the Metro, and 14 million on the RER.

The body called for a strengthening of controls, and also asked very politely for citizens to “remember their individual responsibility as a member of the national community”.

Other measures

Other way France could save money included a suggestion to increase cigarette prices, to cut the wages of the military, and to make cutbacks at five major national theatres across the country.

Related Stories

Pakistan’s first donkey meat export to China to woo fresh investment

byCT Report
15/07/2026

LAHORE: Pakistan’s first export of donkey meat to China from the Gwadar Free Zone opened a new avenue for livestock...

OICCI asks FBR to clear Rs103b in pending tax refunds

byCT Report
15/07/2026

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has asked the Federal Board of Revenue (FBR) to accelerate...

Sindh announces Keti Bandar Port & AI Data Centres to boost foreign investment

byCT Report
15/07/2026

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has announced an ambitious investment agenda aimed at strengthening the province’s economic...

PIA buyers receive Rs14.2b in properties under privatisation deal

byCT Report
15/07/2026

ISLAMABAD: The federal government has transferred 11 properties of Pakistan International Airlines (PIA), valued at Rs14.2 billion, to the consortium...

Next Post

Nestlé drops sponsorship of athletics body over scandal

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.