Italian Banking Association - Annual Meeting Speech by Ignazio Visco Governor of the Bank of Italy ABI Rome 8 July 2022  The economic situation and monetary policy The global economy is experiencing a period of great uncertainty.
At the same time, moves toward rebuilding life and infrastructure are under way in disaster areas, albeit gradually. At the beginning of May, the Diet approved the supplementary budget aimed at early rebuilding following the disaster. Discussions toward revival of the disaster areas are also under way.