At the proposal of Minister Giancarlo Giorgetti, the 2023 Update Note to the DEF (NADEF) with new forecasts for the three-year period 2024-2026 was approved on September 27 by the Council of Ministers.
The document was prepared taking into account “an economic-financial framework burdened by the effects of a restrictive monetary policy based on rising interest rates and the consequences of the Russian-Ukrainian conflict,” Giorgetti says.
“The government,” he continues, ” has moved according to a serious, responsible and prudent budget policy aware that making debt is never a good thing but, at the same time, considering that aid to families with low-middle incomes must still be confirmed. As a result, ” he stresses, “we have restated the growth forecast for 2023, 2024 and subsequent years, also updating the level of debt that we can afford each year.
