Italy's public debt is set to rise to
almpost 138% of GDP this year due to the "weight" of the
Superbonus green building renovation benefit scheme, said to be
around 211 billion euros, Economy Minister Giancarlo Giorgetti
told a press conference after the government approved the DEF
economic and financial blueprint Tuesday.
"The rising public debt forecast by the DEF is heavily
conditioned by the impact of the superbonus in the coming years
but after 2026 it will start to fall," he said after the DEF set
debt at 137.8 per cent this year, rising to 138.9 per cent in
2025 and 139.8 per cent in 2026.
Giorgetti added that the government wanted to extend a cut in
the labour tax wedge next year.
"The decontribution that expires in 2024, we absolutely intend
to replicate it in 2025, this is the real goal we set ourselves
when we go to define the structural fiscal programme." he said.
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