The DPEF and empty coffers

Straight away the government has had to face up to empty coffers and to the economic emergency. The Documento di programmazione economica e finanziaria (Dpef) {Economic and Financial Programme Document} is an important response to the grave situation that Italy finds itself in. The 35 thousand million project involving 20 to bring the accounts back to health and 15 for development, is the first step in a five year articulated plan. The plan aims to get a zero deficit and to get the public debt to below 10 per cent of the Gross Domestic Product (GDP).
If State finance is to be brought back to a healthy situation and to avoid bankruptcy, it's inevitable that changes need to be made to the most important spending items in the budget. 80% of this is made up of spending on local bodies, on pensions, on public administration and on health. Citizens will be called to make sacrifices, but these must be equably distributed. To do this there will be severe and efficient measures against tax evasion that has reached intolerable levels in Italy. Citizens and companies must furthermore, be able to access efficient services for energy, telecommunications, and transport at competitive costs.
In relation to my direct responsibility, I am studying for the Ferrovie dello Stato {State Railways} the separation of the infrastructure (the rails) and the vehicles (the trains) so as to restore competition to the system and thus to give advantages to the citizens.
Posted by Antonio Di Pietro in
Economy
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