December 6, 2018 / 7:29 AM / 7 months ago

France will keep accounts in order after scrapping fuel tax hikes: minister

Gerald Darmanin, French Minister of Public Action and Accounts, attends the questions to the government session at the National Assembly in Paris, France, October 23, 2018. REUTERS/Charles Platiau

PARIS (Reuters) - France will keep its national accounts in order in 2019 despite the decision to scrap planned increases to fuel taxes in the face of nationwide protests, Budget Minister Gerald Darmanin said on Thursday.

Darmanin said cancelling the proposed hikes to the carbon taxes would cost the government 4 billion euros ($4.53 billion).

“Our accounts will be kept in order,” Darmanin told France Inter radio.

($1 = 0.8827 euros)

Reporting by Myriam Rivet; writing by Richard Lough; Editing by Sudip Kar-Gupta

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