(Finance) – “The data on the net debt of the Italian public administrations, which fell, in the third quarter of last year, to -2.3% of GDP compared to -6.3% in the same quarter of 2023, represents a result extraordinary, the result of responsible economic policies and effective management of public resources. The improvement is concrete evidence of how our country is on the right path towards a structural consolidation of public finances, while maintaining a balance between financial rigor. and support for growth economic The positive primary balance, equal to 1.7% of GDP, is a further element that reinforces the positive picture. The ability to generate a primary surplus – i.e. the result net of interest on the debt – demonstrates the solidity of the strategy adopted, which made it possible to reduce the burden of the deficit without excessively burdening families and businesses. This is a crucial result for consolidating the confidence of international investors and strengthening the overall stability of the Italian economic system”. This is what the vice president of Unimpresa, Giuseppe Spadafora, commenting i data released today by Istat.
“Even the current balance, which marks a positive impact of 1.9% on GDP, confirms the validity of the measures undertaken. The figure, which is growing compared to the 1.6% of the third quarter of 2023, tells us that Italy has managed to improve its ability to manage current expenditure and use available resources, creating the conditions for a further strengthening of the sustainability of public finances in the medium to long term – underlines the vice president of Unimpresa –. A comparison between the Italian situation and that of other European countries clearly highlights the progress made by our country. If we look at France, where the deficit for 2024 is estimated at 6.1% of GDP and for 2025 it is expected to be around 5.4%, it is clear that Italy is in a much more favorable phase. Our country has managed, even in a difficult global economic context, to undertake a virtuous path that not only distances us from situations of financial imbalance, but places us as a positive example of management of public resources. While France still finds itself in need of containing a significant deficit and is faced with the possibility of potentially unpopular measures, such as increasing VAT, Italy demonstrates that it is possible to achieve concrete results without further burdening citizens. This strengthens our competitiveness at European level and confirms the solidity of our fiscal policies. It’s fundamental – he concludes Spadafora – that this positive trend does not stop. To do this, we need to continue investing in key sectors, support businesses, especially SMEs, and maintain a constant focus on the efficiency of public spending. Only in this way will it be possible to guarantee sustainable growth and a further reduction in the burden of public debt.”