Italy forecasts 2021 GDP growth at 6%, deficit/GDP at 9.5% - sources

  • 9/28/2021
  • 00:00
  • 4
  • 0
  • 0
news-picture

ROME, Sept 28 (Reuters) - Italy’s government forecasts that the economy will grow by 6% this year, two government sources said on Tuesday, while the budget deficit will come in at 9.5% of gross domestic product (GDP). The 6% GDP growth forecast is an upward revision from a projection of 4.5% set in April, while the new deficit forecast of 9.5% is a sharp reduction from the previous 11.8% estimate. The new forecasts were agreed at a meeting of key coalition figures on Tuesday and will be formalised in the government’s Economic and Financial Document (DEF) to be approved by the cabinet on Wednesday. (Reporting by Giuseppe Fonte, editing by Gavin Jones) Our Standards: The Thomson Reuters Trust Principles.

مشاركة :