Government sources said Tuesday that
GDP growth this year looks like being very limited, with 0.6%
the likely result.
Economic growth will be "very limited" this year, said the
sources on the eve of the cabinet meeting that tomorrow will
examine the Public Finance Document (the old economic blueprint
DEF, destined to change its name to DFP).
For GDP, a trend is expected in line with recent estimates by
Bank of Italy which indicated an increase of 0.6%.
Anything more that will be done, the executive explains, will
have to be implemented by indicating new coverage or in
derogation of the current rules.
The next Def will be a "technical" document that will not
include the programmatic framework and will not contain
indications on the impact of duties or on defense spending, the
sources said.
The document, which after a regulatory step will change its name
to DFP (Public Finance Document), will comply with the
provisions of the 2024 EU Regulation on economic policies and
budget surveillance and the 2009 accounting law: it will
therefore be divided into only 2 sections and will not include
programmatic forecasts. Not a choice, it is explained, but
rather compliance with European and national regulations.
photo: Economy Minister Giancarlo Giorgetti
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