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Govt to send budget to parliament Monday - Meloni

Overall figures not changed since cabinet approved package-PM

Redazione Ansa

(ANSA) - ROME, OCT 28 - Premier Giorgia Meloni said Saturday that the government's 2024 budget bill be be sent to parliament on Monday.
    "Work on it is basically finished," she told reporters in the Marche town of Acqualagna.
    She stressed that the overall figures for the package of around 28 billion euros had not changed since it was approved by her cabinet almost two weeks ago, even though some aspects of the plan had been modified.
    Among other things, the budget bill approved by cabinet on October 16 will maintain a six-percentage-point reduction in the labour-tax wedge for those earning up to 35,000 euro and the seven-percentage-point reduction for those earning up to 25,000 euro.
    The government says this is worth an average increase of around 100 euros a month in the pay packets of 14 million workers.
    The package also merges the two lower bands of Italian income-tax Irpef, bringing the number of bands down from four to three. (ANSA).
   

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