"Our outlook is influenced by the trend of the pandemic. Currently there is an acceleration and we expect growth in the order of 5%. The uncertainty is that the variants can change the expectations of the economy and can slow down the growth".
This was stated by the Minister of Economy, Daniele Franco, during a hearing on the tax reform at the Finance Committees of the Chamber and Senate.
The tax system "needs a broad and organic reform", "it is not a good idea to change taxes one at a time", added Franco.
"The fundamental pillars of the system, the progressive personal income tax, and the value added tax remain valid, but need a profound renewal of their characteristics and their functioning", he stressed.