Home » GDP Italy: strong recovery in 2021 also thanks to government action. For 2022, target to exceed 4% remains

GDP Italy: strong recovery in 2021 also thanks to government action. For 2022, target to exceed 4% remains

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“This growth was made possible not only by the recovery of the world economy, but also by the vigorous support actions for businesses and families implemented by the Government and by the success of the vaccination campaign and other control measures of the Covid-19 epidemic. “. This is the comment of the Ministry of Economy and Finance (Mef) after the publication of today’s Istat estimates which confirm that in 2021 GDP grew by 6.5%, recovering much of the fall recorded in 2020.

“The resurgence of the pandemic is causing a temporary slowdown in the activity of some economic sectors and expensive energy is an undoubted risk factor. However, the national epidemic is improving and the Government has already repeatedly intervened to cushion the rise. of gas and electricity prices on businesses and households. Further interventions are under consideration “, added by the Treasury, underlining that” the expansionary impact of fiscal policy will continue to unfold during this year and to this will be added the initial effect of the National Recovery and Resilience Plan “.

From the Mef they conclude by writing that “while not underestimating the factors of uncertainty that exist at the international level, the government’s objective remains that of achieving GDP growth of more than 4 percent in 2022”.

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