Italy : 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; Staff Statement; Statement by the Executive Director for Italy

Author/Editor:

International Monetary Fund

Publication Date:

June 1, 2010

Electronic Access:

Free Full text (PDF file size is 3703 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The global crisis had a severe impact on the Italian economy despite elements of strength such as high private savings, low private indebtedness, and a resilient financial system. Executive Directors decided that the public sector wage bill should remain a key element of the consolidation strategy, and close monitoring of subnational public finances should be continued. They commended the authorities for the progress made in structural reforms but stressed that a more ambitious program of reforms needed to be pursued to address Italy’s growth potential.

Series:

Country Report No. 10/157

Subject:

English

Publication Date:

June 1, 2010

ISBN/ISSN:

9781455207626/1934-7685

Stock No:

1ITAEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

133

Please address any questions about this title to publications@imf.org