SBP ambitious but realistic says Giorgetti

(ANSA) - ROME, OCT 8 - The government's Strategic Budget Plan (SBP) is ambitious but realistic, Economy Minister Giancarlo Giorgetti told the House and Senate budget committees Tuesday while stressing that war made the scenario uncertain.
    The SBP is "a document that is both ambitious and realistic," said Giorgetti in a hearing on the plan at the joint Budget Committees of the Chamber of Deputies and the Senate.
    "The stability of public finances is an element of great importance," he added.
    "The plan outlines a public finance framework that leads to a stable reduction in the stock of public debt and related charges, which is an unavoidable necessity.
    "The presentation of this new document comes at a time characterized by contrasting trends: if on the one hand the trend of economic variables appears overall in line with expectations, on the other the widening of ongoing conflicts, particularly in the Middle East, is further increasing the uncertainty that characterizes the global economic scenario".
    (ANSA).