(Finance) – The first rumors indicate that the Structural Budget Plan will indicate a GDP growth of 1% for this year – in line with what is indicated in the trend framework of the April Def – which will rise to 1.2 % in 2025 and 2026. As regards the deficit, we are talking about 3.8% this year, decreasing to 3.2% in 2025 and 2.7% in 2026 while the debt/GDP ratio should reach 134.8% in the current year and then increase to 137.1% in 2025 and 138.3% in 2026 due to the Superbonus which will weigh 40 billion per year until 2027.
Yesterday during the meeting with the unions at Palazzo Chigi, Minister Giorgetti spoke of a “complicated phase because we find ourselves in a moment of transition” given that it is the first time that the new Stability Pact has been applied, and “the line of Structural plan will be prudent and responsible.” The Minister of Economy wanted to underline the weight of the debt, “which has grown due to the various building bonuses starting with Superbonus 110”.
The government’s commitment will be to “not contribute to fueling public debt for the new generations”, he however assured and for this reason he recalled that annual spending will remain at 1.5% on average in the period considered by the PSB. The correction, however, will be equal to 0.5% on the structural balance and will allow it to reach below 3% as early as 2026 and therefore start the exit from the infringement procedure.
“We have recorded positive responses to two of our requests: the consolidation of the tax wedge and the revaluation of pensions. Other issues remain open, starting with those connected to work and wages”, he declared the day after the meeting at Palazzo Chigi , the general secretary of Uil, PierPaolo Bombardieri, who reiterated the positions of his organization regarding the contents of the Structural Budget Plan, presented by the government to the social partners.
After the meeting with the government on the structural budget plan, Cgil, Cisl and Uil had in fact demonstrated that these were the points to which satisfactory answers had not been given. “We are thinking of a national demonstration in Rome on 19 October on public health and the renewal of public sector contracts in a general sense”, declared Landini, CGIL leader.