"In the programmatic scenario for 2017, the dynamics of the product is significantly greater than that of the trend scenario" and therefore achieving 2017 GDP growth of 1% becomes "an ambitious goal": with these words the deputy general manager of the Bank of Italy, Signorini, heard yesterday by the Chamber of Deputies on the Def, did not hide his skepticism about the Government's estimates on economic growth, which set the GDP target at 1% against a trend of + 0,6%.
"To obtain the result - Signorini argued - the next budget law will have to be defined with great care" by concentrating the available resources on "a rapid recovery of investments".
According to the Bank of Italy, in order to keep the public finances under control, "it is essential to continue with greater determination" in the reduction of current public spending.
During the parliamentary hearings, pessimism on the government's estimates was also expressed by the Court of Auditors and the Parliamentary Budget Office.
Prime Minister Renzi replies: “No change: GDP rises and the deficit goes down. The numbers are important and show that Italy is back. We will not leave it in the hands of catastrophists”.
