Mercoledì, 19 Settembre 2018

IMF confirms Italy recovery, GDP to grow 1.5% in 2017 (2)


New York, November 13 - The International Monetary
Fund (IMF) on Monday confirmed Italy's economic recovery with a
projected 1.5% GDP increase in 2017, in its Regional Economic
Outlook for Europe.
It said Italian GDP will grow by 1.1% in 2018 and 0.9% in
2019. It said unemployment will fall to 11.4% in 2017. It
estimated debt this year at 133%, to drop to 131.4% in 2018 and
128.8% in 2019.
It projected the deficit at 2.2% in 2017, dropping to 1.3% in
2018 and 0.3% in 2019.
Italy was among several European countries that the IMF on
Monday told to take advantage of the economic recovery to cut
its public debt in its Regional Economic Outlook for Europe.
It gave the same advice to Belgium, France, Portugal, Spain
and Britain.
The IMF repeated the forecast it gave in its World Economic
Outlook in October that Italy's debt-to-GDP ratio for 2017 will
be 133%.
The IMF said that "judicial reform and control of corruption
are priorities" for several European countries and called on
Italy, Bulgaria, Greece, Romania and Ukraine to "reinforce
anti-corrution efforts".

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