Financial watchdogs described the nations fiscal debt as alarming and warned structural problems must be addressed as it unveiled the state of Italy’s tax agencies.
The IMF published a report this week titled Italy: Enhancing Governance and Effectiveness of the Fiscal Agencies, as part of the Funds Capacity Development function, which aims to help countries improve public administration.
According to Rai.TV, Juan Toro of the International Monetary Fund (IMF), claimed it was necessary to take significant measures in the recovery of credit.
The Italian government is currently failing properly to collect tax revenues one of the reasons behind Greeces financial crisis.
In a separate report, concerns Italy is on the brink of financial and poli…
Read the full article at: http://www.express.co.uk/news/world/691716/Italy-finance-banks-International-Monetary-Fund-warning-Brexit-Matteo-Renzi