ROME, Sept. 27 (Xinhua) — Italy’s new rightwing-populist government grappled with its first economic planning document (DEF) on Thursday after recent estimates of the country’s economic growth for this year and the next were revised downward.
Every year in the fall, the Italian government issues a DEF, which is a macroeconomic blueprint containing the macroeconomic assumptions underlying the policies in its next budget bill.
The current government, which took office in June, promised citizens it would cut taxes, introduce a universal basic income, and roll back unpopular pension reforms.According to ISTAT national statistics agency, Italy’s gross domestic product (GDP) amounted to […]
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