Eager to forge his fiscal credibility, Hollande has promised EU partners that France will cut its public deficit to 3 percent of national output next year from an estimated 4.5 percent this year despite stagnating growth.
Many economists consider the target will be difficult to reach without further measures, judging as too optimistic the Socialist government's 2013 growth forecast of 0.8 percent on which it based next year's budget.
"For the moment we don't have any reason to think that our targets, which we set in the budget law, will not be reached," Hollande told journalists after meeting leaders of the IMF, OECD other international economic organization in Paris.
Read more: France's Hollande signals possible EU deficit debate | Reuters
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