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IMF raises Italy's GDP to 5.9%, debt to 154.8% in 2021

2021-10-12T14:03:17.542Z

The International Monetary Fund revises its growth estimates for Italy for 2021 upwards, bringing it to 5.8%, 0.9 percentage points higher than the July forecasts. For 2022, growth is unchanged at 4.2%. (HANDLE)



(ANSA) - ROME, OCTOBER 12 - The International Monetary Fund revises the growth estimates for Italy for 2021 upwards, bringing it to 5.8%, 0.9 percentage points more than the forecasts of July.


    For 2022, growth is unchanged at 4.2%. According to the WorldEconomic Outlook, presented at the IMF / World Bank meetings, the Italian public debt will drop in 2021 to 154.8% of GDP compared to 155.8% in 2020, also reducing next year to 150.4%, until it reaches 146.5% in 2026: result achieved through GDP growth, given that the deficit is expected to increase from 9.5% in 2020 to 10.2% this year and to 4.7% in 2022 (at 2, 4% in 2026).


    The government's Nadef expects debt at 153.5% of GDP this year and 149.4% next.


    The IMF also trimmed world growth for 2021 to + 5.9%, 0.1 percentage points lower than the + 6% of the July forecast, maintaining + 4.9% for 2022. "Balancing risks on growth it is down ", observes the Fminel World Economic Outlook, in the face of significant disparities" in access to vaccines and in support policies "for the economy.

The US is also growing less than expected: 2021 GDP is expected at 6%, one percentage point lower than the July estimates, while Eurozone growth is improved to + 5.0% for 2021 (+0.4 percentage points ) and + 4.3% for 2022. (ANSA).


Source: ansa

All life articles on 2021-10-12

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