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Privatizations: 20 billion in 5 and a half years

This was announced by the Treasury which has allocated the proceeds to reduce the public debt

In five and a half years, the privatizations have brought a mountain of money into the treasury which has been used to reduce the public debt. Following the privatization operations or the disposal of equity investments carried out between January 2011 and September 2016, "almost 20 billion euro flowed into the Government Securities Sinking Fund".

The Ministry of Economy writes it in the "Report to the Parliament on the sale of shareholdings in companies controlled by the State". The document also highlights "2,4 billion relating to the transfers to CDP of the State's shareholdings in Sace, Simest and Fintecna" which "were intended to pay the State's debts towards suppliers".

The report traces the results obtained following the operations which, among others, involved Enel, Poste Italiane and Enav over the years.

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