Daily Management Review

Fiscal Reform To Be Part of Italy’s Next Budget, Informs Economic Minister of Italy


08/09/2018


An introduction for the fiscal reformation is planned by the government of Italy as promised to the EU regarding the country’s “public finances”.



On Wednesday, August 8, 2018, Il Sole 24 Ore cited the Economy Minister of Italy, Giovanni Tria, saying that the government has planned on introducing the fiscal system’s reformation along with “a so-called ‘citizen’s income’” in the following budget.
 
Furthermore, the minister also added that the government of Italy has carried out revisions and reduced its current year’s “GDP forecast” to 1.2% which was earlier at 1.5%, according to previous expectations. Moreover, Tria continued by saying that in 2019, the growth of GDP would be by “1-1.1 percent”.
 
According to Tria, the government of Italy’s measures taken for reform included in the plans proved to be “compatible” with the commitments made by Italy to the European Union regarding the country’s “public finances”.
 
Reiterating himself, Tria said that the government stamped official posts are often considered as “eurosceptic”. However, the same did not push the talks of “Italy’s membership to the euro zone”.
 
 
References:
reuters.com







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