Il Italian recovery plan does not wait for the funds of the Next Generation Plan European but will begin to lay the foundations already with the next budget maneuver. They will be 40 billion which will be launched of which 15 billion 'grant', that is, of European non-repayable subsidies.
Recovery will improve the growth values in a structural way "between 0,2 and 0.5 points of GDP", explains the Minister of Economy Roberto Gualtieri in Parliament, underlining that the unprecedented amount of resources arriving will also allow to double the investments, wearing them for a few years "over 4% of GDP ".
The minister reiterates the intention of involve the Parliament at each step and presents the numbers of Nadef (Update to the Def) to the committees of the Senate. Nadef that should be approved by the Council of Ministers of next Monday.
Between extra-deficit and European resources the government aims at two expansionary maneuvers for 2021-22 to return to a debt of 3% starting from 2023. GDP will consequently grow by 6% next year (from 5,1% trend), to 3,8% in 2022 to 2,5 % in 2023, while the deficit is scheduled at 7% next year (from 5,7%), to 4,7% in 2022 instead of 4,1% trend "and precisely at 3% from 3,4% in 2023.
This program, writes Ansa, will allow the presentation of a “gradual” and “credible” debt reduction process that next year it will drop from 158% in 2020 to 155,6%, then to 153,4% in 2022 and 151,5% in '23 "to still fall below pre-covid levels, to less than 130%" at the end of the decade ".
In this new very prudential macroeconomic framework, the executive will move to write the Budget Law, with which "we will be able to anticipate many projects" of the Italian recovery plan. piano will be composed of a "selection of a few projects"With high added value, which are" perceived by citizens ", identifying precise" priorities ".
Among the measures to be started immediately Gualtieri gives the example of "Industry 4.0 plus", Explaining that if you intend to strengthen this program you might as well do it now,"from January XNUMXst“, Instead of waiting to get the formal green light from the Commission which will not arrive before spring. Other measures that could already find space in maneuver range from support for private investments, in particular in green key, to a new push for the digitization of the Public Administration
It will be extended a 30% discount on contributions for all employees in the South, taken from today but currently funded only until the end of the year. A measure that "it could also be extended to other areas of the country“, Says the Deputy Minister for the Economy Laura Castelli, and which could be joined by a new plan of contribution relief for new permanent contracts, in particular to encourage the hiring of young and the job female.
For the family, the revolution of the single allowance for children up to 18 years could also arrive, fixed point of a tax reform that "will be characterized mainly by the tax wedge cut on labor, the overall revision of taxation towards greater equity "in addition to the" revision of the system of environmental incentives ".
Alongside the tax expenditures, the government could also brush up on the spending reviews, to direct resources, as Gualtieri said, "towards a coherent use, redeveloping the expenditure and reducing the unproductive one ”.