Fiscal deficit widens to 38.1% of FY26 target in first five months data released on Tuesday showed

Analysts, however, believe the #deficittarget is still achievable.

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Italy’s Giorgetti pledges fiscal prudence, confirms 3.3% deficit target Investing.com -- Italy will maintain its fiscally prudent approach that has helped reduce the country’s borrowing costs, Finance Minister Giancarlo Giorgetti said Wednesday. Speaking in Rome, Giorgetti stated that the government is committed to a "serious and responsible attitude toward public accounts, while at the same time supporting investments" that can help boost growth. The finance minister confirmed that Italy’s deficit will continue to decrease and will reach 3.3% of economic output this year. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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