Venerdì, 19 Ottobre 2018

Italian govt updates economic policy plan


Rome, September 16 - The Italian government has
drawn up a draft plan to revise its current blueprint for
economic policy, known as the DEF, with a new plan that includes
measures aimed at spurring economic growth, according to a copy
of the document obtained by ANSA.
The new national reform plan focusses on kickstarting
company growth and employment.
The plan foresees Italian public debt to total 132.2% of
gross domestic product (GDP) in 2014, indicating that the
reduction of the "extremely high debt-to-GDP ratio" is one of
the "top priorities".
Meanwhile, the plan highlighted the 3% budget-deficit
ceiling as being insurmountable, an "obligatory parameter" for
any future policy, also because "Italy cannot go back" to being
reprimanded by the European Union for having surpassed it.

(Photo: Economy Minister Fabrizio Saccomanni)

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