Italian minister says budget includes ‘targeted aid’

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The Italian Economy Minister, Giancarlo Giorgetti, said this Thursday (24) that budget planning provides for “more targeted aid” mainly for businesses and households affected by the high cost of energy.

“It is imperative to continue and strengthen support for businesses and households, making it even more targeted, incisive and differentiating”, he explained.

For Giorgetti, this is also “so that budgetary resources are spent wisely”, bearing in mind that “we are going through a phase of serious economic and social difficulties and great uncertainty about the geopolitical context”.

The Italian minister also explained that “budget interventions are characterized by a targeted and temporary approach” and the government “is committed to reducing and then eliminating aid and tax breaks as soon as the prices of natural gas, energy and fuel they will return to levels compatible with the pre-crisis period”.

“At the end of March, under the 2023 Stability Programme, the government will reassess the situation and, if necessary, implement new measures to counter the rise in energy prices, prioritizing the higher revenues and cost savings that could emerge in the months of the year”, explains the programming document. πŸ‡§πŸ‡·


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Source: Terra

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