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Agreement on Nadef estimates, more space with 2021 deficit at 7%

2020-09-29T20:32:39.877Z


Political agreement made on the Update Note to the Def that the government is preparing to present tomorrow in the CDM aiming for final approval on Sunday. (HANDLE)


(ANSA) - ROME, SEPTEMBER 29 - Political agreement made on the update note to the Def that the government is preparing to present tomorrow on the CDM aiming for final approval on Sunday.


   According to sources from the ministry of economy, GDP will retreat this year by 9% to rebound to + 6% next year.

The deficit is estimated at 10.8% in 2020, but will fall to 7% programmatic in 2021 with an expansion of 1.3 points compared to the trend that will allow to free between 21 and 22 billion of resources available for the next maneuver.

In 2022 the forecast is at 4.7% programmatic which will drop to 3% in 2023.


    The debt / GDP ratio will instead amount to 158% in 2020, down already in 2021 and for the next three years.

The government is aiming for a strong recovery in public investment also thanks to the Recovery Fund.

(HANDLE).


Source: ansa

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