Cabinet to OK structural plan in early September

The government is planning to quickly approve a draft structural budget plan, the document required under new rules of the EU Pact to be sent to Brussels by September 20.

Well-informed sources said on Tuesday that the cabinet is working to discuss it at a council of ministers by the first week of September to allow Parliament to examine it in the subsequent two weeks, in time for the deadline.

The document will contain the framework of the program and will replace the NADEF economic and financial plan.

The path for the structural adjustment that Brussels has outlined for Rome should be around 0-5-0.6% a year, worth some 10-12 billion euros, a correction already considered in the government’s economic blueprint DEF on.

Source: Ansa News Agency