ROMA (ITALPRESS) – The responsibility of those who govern at this time “is oriented towards prudence” and for the law of the budget Italy awaits “the finishing of the margin of budgetary breakdown granted by the EU”. The Minister of Economy and Finance Giancarlo Giorgetti said this at the General Assembly entitled “No one builds alone” organized by Compagnia delle Opere to celebrate its 40 years of activity. “These years crossed by the crises have required a more prudent but necessary management. Our country has a public debt that is significantly high and therefore must consider the effects on interest rates. An account is facing the rise in raw materials such as energy, an account facing this and in addition the increase in interest rates”, said Giorgetti.
“The responsibility of those who govern at this moment is oriented to caution, in a context in which the blanket is short. In the budgetary law that we will approve next week, we are waiting for the finalization of the margin of budgetary deviation granted by the EU. We have brought reflections of pure realism. In the coming days will also become public very targetized and reasoned measures that we discussed within the government, keeping in mind that the route must be safe”, he added.
“I think that in a perspective of development, the recipe is always to combine market freedom with social balance. To do this it is necessary to focus on dynamic components for growth, leaving from a period in which we used our society to a sort of assumption for transfers and subsidies. We must return to social liberalism, which unites solidarity with development, but which is the basis of the principle of subsidiarity that can be declined everywhere.” “We must ensure that the State does not hinder the society and the capacities it expresses. The principle of subsidiarity is dear to me. As the Ministry of Economy and Finance, we cannot claim to solve the problems of society with the budgetary law, but to create those conditions for which society solves the problems of the Ministry of Economy”, concluded Giorgetti.
– photo IPA Agency –
(ITALPRESS).
