The mid-term 2025-2029 Structural
Budget Plan "leaves nobody behind" and focuses on the
"sustainability of the pension system and the quality of
healthcare", Economy Minister Giancarlo Giorgetti wrote in the
introduction of the document which was delivered to the Lower
House and Senate, according to EU regulations approved by the
European Parliament and the Council in April this year, Palazzo
Chigi has said.
"The greatest challenge for the country is represented by the
elevated stock of public debt and by the relative burden of
interests" which "have unsettled any margin to draw public
policies to support growth over the last decades", Giorgetti
also wrote.
"The spaces, although limited, for public investments granted by
the Plan starting in 2027 and a prudent and credible budget
policy are two crucial elements to attack the weight of debt and
expenditure on interests, easing it in a structural manner",
wrote Giorgetti, adding that the "fiscal policy path which the
Plan proposes is realistic, credible and cautious".
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