Nadef, Franco: “If the pandemic resumes, the numbers would be at risk”
The Minister of Economy Daniele Franco in hearing the Budget Committees he warned about the recovery, anticipating that “if the pandemic resumes, the numbers would be at risk”. The picture that has been traced in the Nadef “is the most probable and realistic, but a resumption of the pandemic would put these numbers in part at risk”, said the Minister of Economy and Finance, Daniele Franco, at a hearing in the joint Budget Committees of Senate and House on the Nadef. “We assume that there are no new restrictions on economic activity and the movement of people – he says – but if the pandemic resumes these numbers would be jeopardized this must be clear“.
In the face of this, “the superbonus and other building bonuses are very important to restart the construction sector, so in the budget law we are evaluating how they can and should be extended “, but” we must remember that they are a very expensive tool “,” not sustainable in the long run “, declares the minister . Construction “is a sector that must be supported, bearing in mind that it cannot grow out of all proportion and that these interventions do honor for public finance. If each Italian applies, for 30 million real estate units the effect on accounts and debt is stratospheric “.
But, to cause more uncertainty today is the cenergy cost and its impact on inflation. This is “one of the most important elements of uncertainty” weighing on the recovery. Forecasters, Franco explains, speak of “a partly temporary phenomenon” and the markets expect a reduction “after the winter peaks”. However, “the issue needs to be monitored and it is necessary to assess whether there are ways to mitigate the impact at national or European level”.
Meanwhile, on the much discussed rform of the land registry, declares: “It is a mapping exercise that will be made available in 2026, it has no immediate effect. In 2026 it will be used by those who want to use it. For now it is an exercise to understand the state of our real estate system”, explains the minister. of the economy Daniele Franco at the hearing of the Budget Committees of the Chamber and Senate.