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Def: draft, GDP -8%, deficit -10.4%

2020-04-23T19:28:12.838Z


In 2020, GDP will reach -8% and + 4.7% in 2021 while the deficit will reach 10.4% "taking into account the financial impact of the Decree with the urgent measures to revive the economy", and to "5 , 7 percent "in 2021. (ANSA)


(ANSA) - ROME, APRIL 23 - In 2020 the GDP will reach -8% and + 4.7% in 2021 while the deficit will reach 10.4% "taking into account the financial impact of the Decree with the urgent measures for economic recovery ", and to" 5.7 percent "in 2021. This is a lot of law in a first draft of the Def, expected on the table of the Council of Ministers in the next few hours. "The public debt stock is expected to be 155.7 percent of GDP at the end of 2020 and 152.7 percent at the end of 2021". Italy's public debt is sustainable and the debt / GDP ratio will be brought back to the euro area average over the next decade, through a return strategy which, in addition to achieving a reasonable primary budget surplus, will be based on the relaunch of public and private investments , thanks also to the simplification of the administrative procedures ". It is the indication that emerges from one of the passages of the draft of the DEF.

Source: ansa

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