Meloni: Moody's confirms market confidence in Italy

"We welcome with great satisfaction Moody's upgrade on Italy, an important result that has not happened for 23 years". Prime Minister Giorgia Meloni said in a statement. 'This recognition rewards the serious and responsible work of our government, the result of consistent choices on accounts and structural reforms, but also the work and commitment of our companies and workers,' she added. 'I would like to thank Minister Giorgetti in particular for his constant and scrupulous effort in managing the accounts. Moody's promotion is a confirmation of the markets' confidence not only in the government, but in Italy as a whole'.

Today, Prime Minister Giorgia Meloni was present at the first working session of the G20, dedicated to inclusive and sustainable economic growth, and in her speech she emphasised the need to change the WTO: "We now know very well the real effects of unbridled globalisation, which are very different from those that were extolled. It has verticalised and concentrated wealth, multiplied poverty, weakened democracy and social safety nets. And these are mistakes we cannot repeat. The World Trade Organisation must be rethought and it must be clear to everyone that partnerships are only real when they are equal and generate benefits for all parties involved'. Thus Prime Minister Giorgia Meloni in a passage of her speech at the first session of the G20. 'This,' Meloni claimed, 'is the philosophy that has guided Italy through the Mattei Plan for Africa. It is a new way of looking at the African continent, not as a problem, but rather as an opportunity, not with a paternalistic attitude, but with respect".

The Mattei Plan for Africa "is a new way of looking at the African continent: not as a problem, but rather as an opportunity, not imparting lessons from the top down, but with respect," Prime Minister Meloni further explained. 'This is an initiative that already involves 14 African nations,' she added, 'a number we intend to increase, and which can count on solid synergies with the African Union, the United Nations, the international financial institutions and the European Union with the Global Gateway. The results it is producing are facts. I am thinking of the Lobito corridor between Angola and Zambia, to connect and bring prosperity to currently isolated regions, to which we are making a significant contribution. I am thinking of the opening of the Artificial Intelligence Hub for Sustainable Development in Rome, which will involve hundreds of African start-ups in the development of artificial intelligence. I am thinking of the use of wastewater in the ambitious project in Tunisia to reclaim unproductive land'. Meloni stressed that 'the priorities we are investing in are shared with African nations and are concrete: health, agriculture, water, infrastructure and, above all, education. Because nothing can be done without enhancing human capital'. 'Nobody can really think of helping the African continent by simply accepting that hundreds of thousands of young Africans pay traffickers to move to Europe,' Meloni stressed again.