Government reveals Dpb: 23.5 billion maneuver in 2027. Coverage also from ministerial cuts

The Draft Budgetary Plan was sent by Italy to the European Commission. The focus is on interventions to support families and businesses. The coverage will also come from the financial sector

A maneuver worth around 23.5 billion euros in 2027, with interventions to support families and businesses and coverage that will also come from the financial sector (with a contribution of around 5 billion euros), from cuts to ministries and from games. This is what emerges from the Draft Budgetary Plan (Dpb) 2027 that Italy sent to the European Commission. The use of the national escape clause to finance increased spending on defense and energy security has been confirmed. The deficit is forecast at 3.4% of GDP in 2027 and 3.2% in 2028, after falling below the 3% expected this year.

Sending the Dpb to Brussels

The sending of the Dpb was announced overnight by the Ministry of Economy, with a note. The document was approved on Tuesday by the Council of Ministers and, in fact, confirms the programmatic objectives of the Public Finance Planning Document (DPFP). "The precise definition of the interventions that will be included in the budget bill soon to be presented to Parliament will take into account the outcomes of the discussions underway with the European Authorities aimed at better defining the perimeter of activation of the national safeguard clause", we read in the document sent to Brussels.

For the 5 billion families, it is the heaviest item

According to the tables, the measures for the family and social spending will be worth 0.21% of the GDP, around 5 billion: they are the heaviest item. For "fiscal measures" 0.09% of GDP is expected, around 2.16 billion, while for defense 0.19% (4.5 billion) and for healthcare 0.1% (2.4 billion). And again: 0.14% (3.3 billion) is expected for business support and 0.13% (3.1 billion) for infrastructure.