Just as at the time of the launch of the single currency, Italy’s public debt-to-GDP ratio is today still more than one and a half times the average for the rest of the euro area. Whatever the reasons for these levels being reached, the priority is now to provide continuity to the consolidation process initiated over the past two years.
Our sincere thanks must also go to the staff of PFIP for the close collaboration over the years. Thanks also go to the World Bank and ADB for technical assistance provided over the duration of the first plan period. I also express my gratitude to all members of our National Financial Inclusion Taskforce and the 4 Working Groups.