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The list delivered by the government to the Chambers includes quantitative objectives, intervention guidelines, missions, challenges and strategic lines. The executive intends to start the definition of the spending program of 209 billion euros, which will arrive next spring from Brussels. A plan with an articulated path that should circumscribe the interventions and projects that will mark the Recovery plan and the allocation of resources during the next five years. Prime Minister Giuseppe Conte sent Parliament a roadmap that in thirty-eight pages identifies six thematic areas (digitization, green revolution, infrastructure, education, social equity and health) considered vital for planning the growth and modernization of the country. One of the main objectives, moreover, is to double the average growth rate of the Italian economy, equal to 0.8% in the last ten years, bringing it closer to the EU average, that is, 1.6%. Among the numerous goals indicated by the premier are the increase in investments (they must reach a value equal to 3% of GDP) and the push on the labor front to achieve an increase in the employment rate of 10 percentage points (essentially reaching in this case the EU average). The increases in spending also refer to items related to research and development: as expected, investments in these areas should go from the current value, equivalent to 1.3% of GDP, to 2.1%. The government, together with the figures and resolutions to be reached, has established the criteria that the projects that receive the resources must meet. One of the main requirements will be a significant positive impact on GDP.
Cut the tax wedge
The government plans also include the tax authorities with a comprehensive reform project for direct and indirect taxation, aimed at designing a fair, simple and transparent tax, with the aim of obtaining a reduction in the tax burden of the middle classes and families. In the short term, an intervention is assumed to reduce the tax wedge In terms of digitization, the completion of the national fiber optic telecommunications network and investments for the development of 5G stand out. Meanwhile, the beginning of the parliamentary process of the Recovery plan coincides with the opening of a new front for the government. In view of the budget law, Minister Catalfo met with the unions. The commitments assumed include the expansion of the Social Ape, the opening at 41 to retire early workers and the evaluation for a generational change.
