Home » today » World » Italian Government Evaluates Asset Sale Including State Railway Company Shares to Reduce Debt

Italian Government Evaluates Asset Sale Including State Railway Company Shares to Reduce Debt

Government ministers are evaluating the sale of several assets, including shares in the state railway company.

Several people familiar with the Italian government’s negotiations who spoke to Bloomberg say the stake sale will not result in a loss of state control over the companies.

At the meeting of the Cabinet of Ministers of the Italian government held on Monday, Meloni announced that the state must reduce expenses in order to be able to reduce tax rates and help low-income and needy families.

Meloni’s far-right government hopes the proceeds from asset sales could allow it to finance public spending without adding to Italy’s massive debt, which has reached 144% of GDP.

Typo?

Highlight the text and press Ctrl+Enter to send the corrected text fragment to the editor!

Highlight the text and press the Report an error button to send the corrected text fragment to the editor!

Report a bug

2023-08-31 18:57:02
#Media #Italy #plans #sell #stateowned #assets

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.