ROMA (ITALPRESS) – “In the most difficult phases, public resources tend to shrink just as needs multiply. Finding a synthesis between different priorities becomes even more complex and requires careful and responsible choices. It is the condition in which this government has found itself operating in the course of its mandate.” Thus the Minister of Economy, Giancarlo Giorgetti, in audition on the maneuver. “In the last four years, Italy has followed a path of progressive rebalancing of public finance, maintaining the commitments made at European level. The responsible management of public accounts has allowed the country to strengthen its credibility and create conditions to continue to support the economy and accompany the changes in place, even in a particularly uncertain international context,” he added.
“The solidity of public accounts, as I have already recalled, is not an end to itself, but an essential condition to maintain confidence, contain the cost of debt and preserve the resources necessary to support the economy. This is the line that has led the action of government in recent years and which finds continuity in the approach that characterizes this maneuver: because financial stability and economic growth are not alternative objectives, but conditions that must proceed together,” explained Giorgetti.
“The maneuver confirms a line of economic policy that combines the support of the economy with the responsibility of managing public resources.” “This is not an isolated intervention, but the further step of a path initiated by the government from the beginning of the legislature in the context of a strategy that looks at the medium term consistent with the commitments assumed and priorities identified for the country,” he added.
“This maneuver reflects a precise choice of priorities: to focus resources available on interventions capable of offering concrete answers to families and businesses, to support purchasing power, work and essential services, without neglecting the investments and conditions necessary to strengthen the country’s growth prospects, security, decarbonization and achieving greater energy autonomy,” he said.
“It is necessary to make a contribution to the banking and insurance system. It must be clear that such measures are not aimed at weakening it or compromising its ability to support families and enterprises. This is not an extraordinary levy on extra profits, but changes in rates and rules of deducibility defined in advance and largely temporary”, said Giorgetti. “A contribution is also required for energy companies, with a temporary increase in Irap and the prohibition of transferring the burden on prices and rates. The reality imposes us today to reconcile different needs and to find a balance between what would be desirable and what is concretely necessary,” he concluded.
– photo IPA Agency –
(ITALPRESS).
