Budget structure plan, Mef: 'Deficit below 3 per cent already in 2026'. Leo: 'Ok to single collection text'. Portolano new Chief of Defence Staff
For the final numbers, the Ministry of the Economy is waiting for the general revision of the estimates for the last five years that Istat will release on 23 September
by Redazione Roma
5' min read
Key points
5' min read
The run-up to the budget law has officially begun. The medium-term structural budget plan, the document envisaged by the reform of the European budgetary rules, has gone to the Council of Ministers for examination.
"The Council of Ministers has examined the outline of the Medium-Term Budget Structure Plan, introduced as part of the reform of European budget rules," a note from the Ministry of the Economy explains. "The document," the document goes on to say, "will be forwarded to the Houses of Parliament after incorporating the statistical revisions made by Istat as part of the 'General revision of the annual estimates of the National Accounts for the 1995-2023 period', which will be released on 23 September next."
"Over the time horizon considered by the Plan, the growth rate of net expenditure will average close to 1.5 per cent. Moreover, the trajectory is consistent with the trend of the main public finance balances already envisaged in last April's Stability Programme'.
Again: the government continues to pursue 'a prudent and responsible fiscal policy, proposing a realistically more ambitious path to recover from the excessive deficit than the one foreshadowed by the European Commission through the technical trajectory, committing itself to fall below the 3% deficit/GDP ratio threshold already in 2026'.
"After 2026," the Ministry of the Economy added, "the proposed path will make it possible to guarantee the stability of Italy's public debt and allow public finance to face future challenges more effectively. The meeting at Palazzo Chigi ended at around 12.30 p.m.

