Rebalancing Plan to escape the crisis
“So far this year, only 39.5% of capital expenditures have been realized, or 14 million euros per month. In the upcoming months, even if the dynamics doubles, only. 83.9% will be realized, which means that we will have a total of 210 million euros or 65% of the projected funds.
We think that the Government is very optimistic, we will have stagnation and it will be necessary to cover the budget hole with new borrowings. We, as the Chamber, constantly say that the public debt is not problematic as much as the way those funds are spent (i.e. introducing them into the economy).” – warns Mr. Iseni.
The full statement can be found at the following link: