Italy’s 2023 Budget Deficit to Be Between 4.5% and 4.9% of GDP
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Italian officials are set to announce a projected budget deficit for next year between 4.5% and 4.9% of economic output, according to people familiar with the fiscal plans.
The shortfall compares with a previous government forecast of 3.9%. This year’s deficit will likely be confirmed at 5.6%, said the people, who declined to be identified because the data are preliminary.