00:00We continue with more information.
00:02French Prime Minister François Bayrou
00:04on Monday handing President Macron the task of finding a fifth prime minister in less than two years.
00:15The parliament's decision comes just hours after Bayrou warned that the country was facing life-threatening debt
00:22and tried to implement a plan to cut about $52 billion to reduce it.
00:27The ruling brings about the 74-year-old leader's resignation together with the entire cabinet,
00:35forcing President Macron to start the process of forming a new government from scratch.
00:40According to the prime minister's office, Bayrou will tender his resignation on Tuesday.
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