Italy’s economy could grow above 5.8 per cent in 2021, says minister | Malay Mail

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CERNOBBIO (Italy), Sept 6 — Italy’s economy could grow this year by more than 5.8 per cent and post better than estimated deficit and debt ratios, Economy Minister Daniele Franco said yesterday. Speaking at an annual business conference in Cernobbio on Lake Como, Franco added that Rome was...

CERNOBBIO , Sept 6 — Italy’s economy could grow this year by more than 5.8 per cent and post better than estimated deficit and debt ratios, Economy Minister Daniele Franco said yesterday.

Since April, the outlook has gradually improved and Italy’s parliamentary budget watchdog said last month it expected the country’s economy to grow by 5.8 per cent in 2021. The DEF forms the preliminary framework for the 2022 budget, which Franco said yesterday would remain expansionary in order to help recovery from the pandemic.

 

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