The largest reduction has been at local government level. The analyses at our disposal suggest that Italy lags significantly behind its European partners in this respect.5 Italy’s delay is not only due to scarce financial resources: compared with other countries, costs and average implementation times are higher, even when taking differences between areas into account.
5  See ‘Public investment for developing the economy’, address by Ignazio Visco, Governor of the Bank of Italy, at the 64th Conference on Government Studies, Varenna, 22 September 2018.