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Less taxes on the middle classes and families, with the aim of doubling growth to a level in line with the EU average of 1.6%, with more jobs and more investments. These are some of the objectives included in the 38 pages of guidelines on the Recovery Fund that the government has sent to the Chambers, saying that it is ready to report on them. Six missions, from equity to green, but also digitization, education, health, infrastructure. Authorization to finance projects based on the impact on GDP and costs. And then check the highway concessions.
the document It is divided into five sections. In one, it defines the Italian economic and social context and the government’s recovery plan, based on nine “lines of action.” It then lists the goals and challenges for Italy and focuses on the project selection criteria. Finally, the policies and reforms to support the plan, from the Public Administration to the investigation to the Fiscal, Justice and Labor. Finally, available resources and budget policy.
Six missions, from justice to ecology – The Italian Pnrr provides in the guidelines that the government has sent to Parliament six missions. The missions, the document points out, represent structural thematic areas of intervention and are: Digitization, innovation and competitiveness of the productive system; Green revolution and ecological transition; Mobility infrastructure; Education, training, research and culture; Social, gender and territorial equity; Health.
Double the growth rate of the Italian economy, taking it from the average of + 0.8% of the last decade to a level in line with the European average of 1.6%; increase investments to 3% of GDP. Achieve an increase in the employment rate of 10 percentage points, from the current 63% in Italy to 73.2% of the current EU average; bring spending on research and development to 2.1% compared to 1.3% today. These are some of the “quantitative objectives” and “challenges” that the government intends to achieve with the proposals of the EU Next Generation plan, contemplated with the so-called Recovery Fund.
Less taxes on middle classes and families – “A comprehensive reform of direct and indirect taxation, aimed at designing a fair, simple and transparent tax for citizens, which in particular reduces the tax burden of the middle classes and families with children and accelerates the transition of the economic system towards a greater environmental sustainability “. It is one of the points of the guidelines outlined in the chapter ‘tax reform’ which provides for the transfer of the burden ‘from people to things’ and a ‘reduction of the tax burden together with a tax system favorable to growth’. “The government – it is also explained – has also decided to deactivate all increases in VAT and special taxes provided for in the safeguard clauses.”
Give more impetus to the revision of the motorway concessions “In order to guarantee greater transparency, competitiveness between operators and the correct balance between public interest and business interest, as well as the constant improvement of the service for users, punctually implementing the resolutions of the Transport Regulatory Authority”. It is one of the specific indications contained in the guidance on the recovery plan sent to Parliament. The highway network, says the document, will have to adapt to the progressive spread of electric vehicles, by providing fast-charging columns.
The guidelines establish “strict criteria” for eligibility for Recovery Fund resources for the projects to be financed. Projects must be “fully consistent” with the strategic and macro-sector objectives of the PNR; “significant positive impact” on potential GDP growth and employment; “quantifiable, justified and reasonable” economic, environmental and social costs and impacts; “clarification of coherence links with reforms and supporting policies”; indication of the time and methods of implementation, with intermediate and final goals; “clear identification” of the executing agency. Finally, “if they integrate existing projects – on the law in the document – they must strengthen them in a credible way.”
Conte available to report to Parliament – “If the Chambers deem it appropriate, the government is available to report on the essential lines of the document, both in the decentralized offices of the commissions and in the plenary headquarters of the assembly.” Prime Minister Giuseppe Conte writes in the letter, which ANSA has read, with which he transmitted to the Presidents of the Chambers the proposal of the guidelines for the definition of the Italian Recovery and Resilience Plan to access the funds provided for by the Recovery. Background. “In each of the passages, in the spirit of maximum collaboration and synergy between the government and Parliament, The full participation of the Chambers will be guaranteed to implement guidelines, evaluations and concrete proposals for action.
The Next Generation EU program represents “an important opportunity not to be missed. The benefits that Italy can derive from it will depend on the ability to propose specific interventions consistent with the objectives and requirements of the program and to implement them quickly and without waste”. This was stated by the governor of the Bank of Italy, Ignazio. Visco to the executive Abi. “In this way,” he added, “it will also be possible to establish the conditions to achieve a progressive and continuous rebalancing of public accounts, preventing the increase in debt from ending up aggravating the country’s problems, instead of alleviating them.”
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