(Finance) – “Un critical economic context for the country, which in the midst of the pandemic emergency has seen a consistent fall in GDP and investments, was at the same time decisive for the countercyclical role of CDP: I am referring to our support action for businesses, the public administration and local areas “. This was stated by the president of CDP, Giovanni Gorno Tempiniintervening at the presentation of the annual report on the activities of the Bank by the Supervisory Commission.
“The interventions – continued Gorno Tempini – made it possible to supply liquidity to the entrepreneurial fabric, including through the banking system; respond to current spending needs e investments by local authorities; support the capitalization of strategic companies for the national production system; support initiatives for the implementation of European and national investment measures and programs “.
All “initiatives that we have started while maintaining a constant and fruitful relationship with the Parliamentary Supervisory Commissionas evidenced by the numerous hearings we attended on various issues of relevance “, he underlined, recalling the eleven hearings in 2020, to which are added the eight in 2021, four of which provided for a speech by the president himself.
According to Gorno Tempini, this activity has allowed the Supervisory Commission over time to become “a real place for constructive confrontation on issues of strategic importance for the growth of the country, supporting the institutional supervisory functions “.
An example cited is that relating to the debates on the design and development of the National Recovery and Resilience Plan, and in particular to the amendment presented by President Giacomoni, the so-called “advisory norm“.” This rule, by virtue of the agreement signed with the MEF on December 27, 2021, aims to strengthen the administrative capacity of the PA, accelerate the implementation of investments, facilitate compliance with deadlines and the achievement of objectives and targets through services of advice and assistance “, underlined the manager.
“But I also think of the initiative relating to the development of the sector Venture Capitalthrough CDP Venture Capital, through the allocation of significant resources to foster innovation and digitization of the national production system “, he added.