Economy Minister Roberto Gualtieri
said Thursday that the investments Italy will make with money
from the EU Recovery Plan will boost growth by up to half a
percentage point of GDP a year.
"Simulations show that, with the Recovery Fund money, the growth
trend will increase by between 0.2 and 0.5 percentage points a
year in a structural, permanent way, depending on the
effectiveness of the related additional spending," Gualtieri
told the Senate's budget and EU policies committees.
"An additional effect on GDP can come from the reforms that will
be introduced as part of the national plan for recovery and
resilience (PNRR)," he said.
Gualtieri said the reforms will include cuts to the labour-tax
wedge to make sure workers get to take home more of their gross
salary and support for "families and parenthood".
The reforms will also seek to get people who are currently
excluded from the labour market into work.
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