Italy’s GDP is forecasts to grow by 1% in 2024, 1.2% in 2025, 1.1% in 2026 and 0.8% in 2027 in the draft budgetary plan (DBP) Premier Giorgia Meloni’s government sent to the European Commission on Wednesday.
The document sees Italy’s debt-to-GDP ratio coming in at 135.8% this year and rising to 136.9% 2025 and 137.8% in 2026 before dropping to 137.5% in 2027.
The deficit/GDP ratio is forecast to fall from 3.8% this year to 3.3% in 2025 and 2.8% in 2026, taking it below the 3% threshold set by EU rules, and then fall to 2.6% in 2027.
Source: Ansa News Agency