The Sardinian economy stops . According to the economic update on the island's economy, presented this morning in Cagliari by the Bank of Italy, growth in 2023 was less than 1% , a figure below the national average and much lower than last year. year.
«We didn't expect great results», comments Stefano Barra, director of the Cagliari office, «but we are in a situation of an overall slowdown in consumption, even investments are characterized by the utmost caution ».
To make the situation worse, inflation is at 5.8% which worsens the gap with the Peninsula: «Growth has weakened in all production sectors», adds Barra. « The trend in household spending on consumption is weighing on services».
The trend of tourism is positive, showing growth in arrivals in Sardinian ports, while the construction sector shows a double sided: private spending decreases, thanks to the lack of incentives, while spending in the public sector increases.
Employment rises by 0.9%, less than what was achieved in 2022, but it is above all seasonal tourism contracts that have an impact: «It is too complicated to venture forecasts in a scenario like this», concludes Barra, «certainly in the first months of 2024 we cannot expect a great change."
A context in which the total resources assigned to Sardinia for the Pnrr and its related investments (Pnc) amount to 4.3 billion euros , for a per capita amount of 2,735 euros, above the Italian average of 2,064.
After the modification of the Plan by the Government, 446 million euros have so far been allocated to the interventions under the responsibility of the local administrations that are subject to the proposed modifications (3.6% of the total eligible at national level)".
According to the Bank of Italy's analysis, up to June the administrations had launched procedures for an estimated amount of almost one billion for projects to be carried out on the island, approximately 28 percent of the amounts for which a tender is necessary.
(Unioneonline/L.Ne.)
