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by Tiziana Di Giovannandrea

21 June 2021 In 2021, GDP growth "will probably be higher than 4.5%" and now "we must strengthen this positive trend". This was underlined by the Minister of Economy and Finance, Daniele Franco, in his speech at the Ceremony for the 247th anniversary of the founding of the Guardia di Finanza.



Franco specified: "Our estimates indicate a significant increase in GDP in the current quarter. Growth should consolidate in the third and fourth quarters and annual growth is likely to be higher than the 4.5% assumed in the April Def. We need to strengthen this. positive trend and quickly recover pre-crisis activity and employment levels. Now it is also necessary to "lay the foundations for lasting and sustained growth" which "together with prudent budgetary policies will be crucial for reducing public debt. 



Recovery, now the challenge is to achieve Pnrr, a decisive way out of the crisis.

The Recovery plan is a "decisive step" for the exit from the crisis and "the challenge is now to make it happen", indicated the owner of the department of Via XX Settembre, who spoke of "an unprecedented effort". "The successful implementation of the National Recovery and Resilience Plan will depend on the full cooperation of all the actors involved in its governance system." "The role of the Guardia di Finanza will be decisive in particular to ensure that the plans are grounded in full legality". We must "avoid - warns the minister - that the expected results are compromised by phenomena of fraud and embezzlement, distractions or waste of resources, which today are more than ever intolerable in light of the period of great difficulty the country has gone through".



G20, multinational tax agreement desirable

"After many years of debate" on the taxation of multinationals "an agreement is being reached based on two pillars: the distribution of the tax bases of multinationals, including digital ones, in the countries in which they operate; a minimum tax rate for companies multinationals, "the minister later said. "The G7 has already expressed itself in favor, now it is desirable that an agreement also be found within the G20 at the next meeting in July", added Franco, who concluded: "The Italian presidency is committed to obtaining this result".