Rome, 17 Oct. (LaPresse) – “Fiscal policy should rebuild reserves and safeguard debt sustainability through credible medium-term frameworks (such as the EU fiscal framework), whilst protecting growth-enhancing investment and essential social spending, reducing the risks of external spillovers and improving the quality and efficiency of public expenditure and revenue.” This was emphasised by the Minister for the Economy, Giancarlo Giorgetti, in a statement to the International Monetary Fund’s Monetary and International Committee on behalf of Albania, Greece, Italy, Malta, Portugal and the Republic of San Marino. “Combined with ambitious structural reforms, these policies would support stronger growth and strengthen resilience to shocks,” Giorgetti stressed.
IMF, Giorgetti: ‘Safeguarding debt sustainability whilst protecting investment’
Rome, 17 Oct. (LaPresse) – “Fiscal policy should rebuild reserves and safeguard debt sustainability through credible medium-term frameworks (such as the EU fiscal framework), whilst protecting growth-enhancing investment and essential social spending, reducing the risks of external spillovers and improving the quality and efficiency of public expenditure and revenue.” This was emphasised by the Minister for the Economy, Giancarlo Giorgetti, in a statement to the International Monetary Fund’s Monetary and International Committee on behalf of Albania, Greece, Italy, Malta, Portugal and the Republic of San Marino. “Combined with ambitious structural reforms, these policies would support stronger growth and strengthen resilience to shocks,” Giorgetti stressed.