- Analytics
- News and Tools
- Market News
- Italy targets debt-GDP ratio to fall slightly this year
Italy targets debt-GDP ratio to fall slightly this year
Reuters reports that according to a draft of a forecasting document to be published by the Treasury at 1400 GMT, Italy will sharply lower its target for the public debt on Wednesday to 153.5% of national output from a previous goal of 159.8%. The draft of the new Economic and Financial Document (DEF) is currently being discussed by the cabinet ahead of approval. The latest debt target would mark a decline from the post-war record of 155.6% registered in 2020.
The draft of the DEF forecasts economic growth of 6.0% this year, slowing to 4.7% in 2022, and targets the budget deficit at 9.4% of gross domestic product this year, falling to 5.6% in 2022.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
