The Italian economy should start to grow more quickly as early as next spring. The GDP, at the end of 2022, will mark a + 4%, to then increase more slowly in the next two.
These are the estimates presented by the governor of the Bank of Italy, Ignazio Visco, on the stage of the Assiom Forex in Parma.
He invited us to "begin to think about a future to be consolidated and in which we must all participate with optimism with an attempt to build the new which is actually in our hands".
The marked recovery of the economy was decisive in stopping the increase in the ratio of public debt to GDP, which at the end of 2021 could have fallen to values close to 150 per cent (from about 156 per cent reached in 2020) ". This is "a much lower level than expected at the beginning of last year and also the official assessments published in the autumn".
Visco then spoke in favor of targeted interventions on expensive bills ( another four billion could be allocated next week) or on individual sectors in difficulty, but said no to general "generalized stimulus" measures that would cause tensions on prices and risks "for the balance of public accounts ".
In addition, he explained how "limited interventions of an emergency nature can still find justification, for example to deal with the energy crisis or in cases where infections continue to hinder consumption and production, such as in services related to tourism, catering, leisure ".
Finally, Visco stressed that the increase in inflation caused by the growth in energy costs "is essentially a tax, probably largely destined to fall, the most distorting effects of which can be offset, where possible, by the budgets public ".
(Unioneonline / F)
