Italy must cut its big public debt by
acting on tax breaks and bonuses, the International Monetary
Fund (IMF) said Friday.
Italy must act fast to reduce its debt and can start by reducing
deductions, avoidance and anti-inflation aid, said Alfred
Kammer, director of the IMF's Europe department, in response to
a question on the type of 'credible adjustment' required of the
country.
"At the top of the list are tax cuts many of which are
inefficient, the superbonus is one example but there are
others," Kammer said. In addition, "loopholes" from taxation can
be eliminated, and numerous anti-inflation support programmes.
"We believe that swift action is a key requirement," he
concluded.
ALL RIGHTS RESERVED © Copyright ANSA
