Lazio Region / “Regional Economic and Financial Document 2025” approved

Lazio Region / “Regional Economic and Financial Document 2025” approved
Lazio Region / “Regional Economic and Financial Document 2025” approved

The Regional Council of Lazio, chaired by the President, Francis Rockupon proposal of the Councilor for Budget and Economic Planning, Giancarlo Righiniapproved The Regional Economy and Finance Document 2025.

«I am particularly satisfied – explains the councilor Little lines – that the DEFR was approved by June 30, i.e. in full compliance with the legal deadlines. An extremely important milestone because it not only confirms the will of this administration to consistently apply regional rules on economic and financial planning, but, above all, it allows us to align regional planning with European and national guidelines to plan the next budget policies in good time, leaving the necessary space for political debate, thus effectively moving from the trend scenario to the programmatic scenario».

Own budgetary policies and the financial maneuver 2025-2027 will ensure budget balances with a predominantly orientation expansive which will benefit both families and businesses in a macroeconomic scenario where a gradual strengthening of regional economic activity following the recovery of families’ purchasing power and the realization of a significant part of public spending for the implementation of the government program.

Last December, the ecometric models adopted for Lazio had estimated a growth around 0.7 percent in a national context in which inflationary dynamics still received particular attention.

The planned budget maneuver will concern Approximately 10 billion for the three-year forecast period 2025-2027. The part of the expense in capital account of the maneuver, for the forecast period, has been estimated at approximately 900 million. These resources will implement those already present in the unitary regional programming.

With an average annual reduction rate of 2.7 percent, between 2023 and 2027, it is expected that debt stock – equal to 21.7 billion in 2023 – should be confirmedin 2027, around 19.5 billionthus falling below the 20 billion threshold which represents a significant milestone.

On the macroeconomic side, the budget plan planned for 2025-2027 – moderately expansionary – would determine a impact on GDP regionally equal to approximately 0.8 percentage points moreon average over the three-year period, compared to the trend trend.

Expected real growth is equal to to 2.3 percent in 2025, to 1.7 percent in 2026 and at 0.9 percent in 2027.

«Our objective – concludes the councilor Righini – is to ensure that the regional economic system returns to a substantial balance. This, on the one hand, allows us to have a significant reduction in debt as requested by the Court of Auditors; on the other hand, it guarantees us the possibility of planning future budget policies that are in favor of businesses and families. Finally, it should be noted that during the council meeting the Budget Adjustment was also approved, in compliance with the deadlines set by the current legislature, which commits us to submit it to the Chamber to reach its approval before the summer break».

 
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