Recovery fund cash will boost GDP by 2.5 pts this yr – UPB

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(ANSA) – ROME, FEB 8 – The parliamentary budget office (UPB)
said Monday that Italy’s chunk of the EU’s COVID Recovery Fund
will boost GDP by 2.5 percentage points this year.
    The office said the current “fragmentation” of moves in the
existing version of Italy’s recovery plan “appears excessive and
risks watering down the plan’s potential to change the country’s
reality in a structural way”.
    This, it said, could lead to a “dispersion of resources” that
may undermine policy goals. (ANSA).


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