Martedì, 23 Ottobre 2018
ROME

Senate approves 26-billion-euro spending review

English
© ANSA

(ANSA) - Rome, July 31 - The Senate on Tuesday approved the
Italian government's spending review that aims to save 26
billion euros over the next three years.
The confidence vote passed with 217 ayes, 40 nays and four
abstentions.
The bill, which now goes before the House, has been hotly
contested for its broad cuts to the public sector.
The cuts, which among other things aim to avert a 2%
increase in VAT scheduled for October, include a 10% reduction
of staff and 20% reduction of managers in Italy's large public
administration, as well as trimming benefits.
The bill includes cuts to health-care spending and defence,
slashing chauffeured cars for public officials and penalizing
university students behind in their coursework by hiking
tuition.
The International Monetary Fund has called the plan "a step
in the right direction" that will help Italy's budget in the
short term, but added that deeper measures would be necessary to
"reinforce prospects for the medium term".
Labor unions have called the cuts "a meat cleaver" and have
promised to announce a general strike on Wednesday.

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