(ANSA) - ROME, APR 15 - Italy's GDP will rise by a projected 4.5% this year, according to the DEF economic and financial blueprint the government' is set to approve, ANSA sources said Thursday.
The target is based on year-on-year growth of 4.1%, they said.
The DEF will also include a 40 billion euro budget adjustment, the latest to fund COVID relief, including 30 billion for investments.
The budget adjustment of 40 bn euros, coupled with a previous one amounting to 32 billion, will push the budget deficit out to 11.8% this year, the DEF sources said.
Italy's economy is set to rebound this year from an unprecedented peacetime recession last year due to COVID-19.
(ANSA).