Even before the Prime Minister, Sébastien Lecornu, and the Minister for Overseas France, Naïma Moutchou, communicated on the subject, MP Frantz Gumbs took care to announce that the government had given up to include the reform of the Lodeom scheme (Law for the Economic Development of Overseas France) in the Social Security Financing Bill for 2026. "This is an important victory for Saint-Barthélemy and Saint-Martin, two territories where the Lodeom is a vital lever for competitiveness, employment and social cohesion," wrote Deputy Gumbs in a statement, adding: "We have avoided a reform that would have had dramatic consequences: higher labor costs, massive job losses and the closure of businesses already weakened by successive crises. "However, this is only a respite. Frantz Gumbs assures us: "Reform will come. And I say it clearly, we need to start preparing for 2027 right now. "
Meanwhile, in a statement issued on Wednesday November 12, Prime Minister Sébastien Lecornu declared: "The Government has also reiterated the importance of an anti-cost-of-living bill, piloted by the Minister for Overseas France, Naïma Moutchou, to improvelior purchasing power and regulate margins and monopolies in the overseas territories, in order to fully support local consumption and the household economy. "Micheline Jacques, Senator for Saint-Barthélemy and President of the French Senate's Delegation for Overseas France, has been working on this issue for many months.
The Lodeom scheme preserved
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