GDP, Franco: in 2021 growth of 6.5%, in 2022 estimates above 4%

GDP Franco in 2021 growth of 65 in 2022 estimates

(Finance) – The “2021 was a year of strong recovery, the available data for the fourth quarter are also positive and annual growth is expected to approach 6.5%. For the 2022 the forecasts of consent indicate a growth of more than 4% “. The Treasury Minister said, Daniele Franco, in his speech to Telefisco de Il Sole 24 Ore. “In the first quarter we should recover the pre-crisis”, he added.

“A support for growth – he explained – will come from Budget Law which has a clearly expansive attitude: the goal is to support the economy in a decisive way until GDP and employment recover not only the fall but also the lack of growth compared to the level of 2019 “.

“We have a quarter of a century of stunted growth, it is necessary to have significant growth rates in the coming years – he stressed -. The implementation of the PNRR, investments are accompanied by a program of reforms “and” the revision of the tax burden “.

“Other interventions may be adopted in relation to the evolution of the situation, it is absolutely necessary to avoid that the cost of energy blocks the production recovery”, Franco continues, underlining that “the trend of the economy in 2022 is conditioned by the protraction of the pandemic, from international tensions and above all from the increase in energy costs To support sectors in difficulty and contain the price of electricity government has just launched new interventions for over 3 billion, added to those envisaged by the budget law, the measures aimed at containing the cost of energy for households and businesses this quarter amounted to approximately 5.5 billion, in addition to the almost 5 billion interventions in the second quarter of 2021 “.

As for the revision of the tax levy, of the operating methods of the tax system “it must be an integral part of the country’s recovery process”.

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