The IMF said Thursday that
it has revised down its growth forecasts for Italy and sees the
country's GDP remaining flat this year.
The Fund has predicted growth of 0.1% in 2019 in its July
forecasts.
It said it expects the Italian economy to growth 0.5% in
2020, down 0.3 of a percentage point on its July forecast.
The IMF said it was "essential" for Italy to take "credible"
action to bring its high public debt down.
It forecast that Italy's debt-to-GDP ratio will go from
132.2% in 2018 to 133.2% this year, 133.7% in 2020 and 134% in
2024.
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