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MILAN – Growth and debt reduction are the main goals that the government sets itself even though there are risks that this year GDP will not grow as expected. This was explained by the Minister of Economy Giovanni Tria during a hearing before the Committee of the Budget and Senate Committees on the guidelines of his mandate. "The first objective of the whole of the government is the priority pursuit of the growth of the economy in a framework of social cohesion within a budgetary policy" which foresees "the continuation of the reduction of the debt ratio, "says Tria. "We will also continue to move in a direction that will not aggravate the structural equilibrium". In addition, the aim is to reduce "current expenditure to increase capital expenditure" and "implement the structural reforms provided for by the government contract".
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The Minister also added that there are "risks of a moderate downward revision". for the 2018 growth forecast. "" Despite a positive image, the "recent" data suggests that growth continued until the end of the second quarter but at a slower pace "on the same 2017 period "and the most recent internal estimates indicate a growth rate for the second quarter. "According to Tria, however, there is no risk of correction." The government does not intend to take corrective action during the year ", he badured
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- Protagonists:
- Giovanni Tria
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