The IMF urges Italy to address its growing public debt, projected to reach 145% of GDP. The Fund calls for urgent fiscal adjustments and structural reforms to ensure economic stability and long-term debt sustainability.
ADVERTISEMENTThe International Monetary Fund (IMF) has issued a stern warning to Italy, highlighting the need for swift and decisive fiscal reforms to address its escalating public debt.
In its concluding statement following the 2024 Article IV consultation mission to Italy, the IMF noted that Italy’s economy has demonstrated resilience by recovering from the dual impacts of the pandemic and rising energy prices. This recovery has been largely driven by a resurgence in tourism and substantial policy support.
The…
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