(ANSA) - Paris, September 19 - The OECD said in its latest
Interim Economic Outlook on Thursday that it expects Italy to
post zero growth this year, with GDP predicted to rise 0.4% in
2020.
The Paris-based organization's forecast for 2019 was
unchanged from the one in made in May but the one for next year
was 0.2 of a percentage point down.
OECD Chief Economist Laurence Boone said the new Italian
government should work with the European Commission in drafting
its budget law for 2020.
"We are moving into a period of budgets and discussions with
the EU," Boone said.
"It is necessary to limit uncertainty and work in dialogue
with the European Commission to reach the best solution and the
best budget possible within the framework of the Stability Pact.
"Everything that increases uncertainty raises risks and
everything that placates uncertainty contributes to growth".
OECD sees zero growth for Italy in 2019
Govt should 'dialogue with EU for best possible possible budget'