Meeting in plenary session, the Martinique Assembly reviewed the 2026–2030 financial outlook for the Territorial Collectivity of Martinique (CTM). This document aims to present the expected evolution of the territorial collectivity’s finances in a context marked by rising social spending, declining state grants, and budgetary constraints deemed structural. The CTM reports that, since 2022, it has implemented several measures to control and optimize its finances, with the goal of gradually restoring its fiscal flexibility while maintaining an investment level of 800 million euros over the period.
Below is the press release:
Financial Outlook for 2026–2030: A challenging situation and efforts underway to achieve a three-year improvement plan
Matinik, March 21, 2026
During the plenary session of the Martinique Assembly, a financial outlook for the Collectivité for the 2026–2030 period was presented to elected officials to provide a transparent assessment of the current situation and future prospects.
A structurally constrained situation with clearly identified causes
The Territorial Collectivity of Martinique has been operating for several years in a particularly strained financial environment. On the one hand, the ongoing decline in state grants directly undermines the Collectivity’s ability to act. On the other hand, the sharp rise in social assistance expenditures (RSA, APA, PCH, etc.) reflects a social reality in Martinique for which the Territorial Collectivity bears full responsibility, even as financial compensation from the State remains structurally insufficient. Martinique thus spends €894 per capita on personal care services, compared with a national average of €336 for comparable departments. This situation reflects a disparity in treatment that the CTM has consistently denounced.
A well-documented starting point: €213.7 million in unfunded commitments when the Executive took office
In the interest of transparency, it is important to recall where we started. In July 2021, the Executive noted €213.7 million in unfunded commitments, representing 22.% of total operating revenue. Given the gravity of the situation, in November 2022 the CTM sent a formal letter to the Deputy Minister for Public Accounts, requesting that an audit be launched. This request went unanswered. Consequently, fully assuming its responsibilities, the CTM independently initiated a systematic recovery effort beginning in 2022.
Responsible and transformative measures already underway
This effort has continued, and since 2025, a A multi-year optimization plan representing nearly €97 million in identified initiatives has been formalized, of which more than €63 million has already been implemented. This plan draws on all available resources: expenditure control, debt restructuring, increased use of European funds and external financing, and optimization of assets and operating resources. The work has begun and is ongoing.
A clear path forward, in a context that remains challenging
The initial results of these efforts are measurable. The Collectivité’s gross savings are gradually recovering, reaching €110 million in 2030. An investment capacity of €800 million is maintained over the period—an average of €160 million per year—to support Martinique’s development.
The trajectory also depends on external factors—such as consumption levels, changes in national allocations, and the global economic context—over which the Collectivité has no direct control. This is precisely why vigilance and rigor will remain the guiding principles in the coming years, and the forecast will be regularly adjusted in light of changing circumstances.
« We have chosen to face the situation head-on and take action. For years, Martinique has shouldered the burden of solidarity all on its own, with insufficient compensation from the central government, while its funding has been steadily eroding. We are taking action, methodically and responsibly. The path ahead is demanding—we do not deny that—but it has been laid out, and we will stay the course, for Martinique and together with the people of Martinique.. »
said Serge LETCHIMY, President of the Executive Council of Martinique.
