The Lazio Regional Council on the proposal of the Budget Councilor, Giancarlo Righiniapproved the General statement for the 2023 financial year.
Overall, the 2023 administrative result was -13.47 billion, in 2022 it amounted to -13.72 billion, while the actual deficit, calculated gross of the set aside and restricted items and net of the liquidity advance fund, was determined in euros – 284 million compared to – 412 million in 2022.
2023 was characterized by two aspects which, during the financial year, entailed significant budgetary maneuvers: healthcare management which in 2022 closed with a deficit of 218 million euros and forced an additional maneuver to find the necessary coverage; the 2022 equalization which, following the worsening of the administrative result of 170 million euros, required the approval of a three-year plan to recover from the new deficit.
“Despite the emergencies – explains the budget councilor, Giancarlo Righini – all economic data are significantly improving. In fact, thanks to the excellent work of the regional council and the budget management, which from today takes on the name of General Accountant, we have managed to guarantee coverage of the old current account deficit of 36 million euros and provide for the reduction of the resulting deficit from liquidity advances for 127 million euros. We have also set aside an additional amount of 100 million euros in favor of the litigation fund, to protect future balances. Furthermore, we have increased the provision for potential losses by over 400 million euros, a significant portion of which is to protect the reconciliation of ongoing healthcare management. Finally, we have reduced the stock of debt to bring it below the threshold of 22 billion euros – 21.7 billion to be precise – thanks to the non-contraction of new loans to finance investments. In short, with a great sense of responsibility, we have started to demolish the colossal debt of the Lazio Regionguaranteeing future financial stability, without forgetting investments and reducing the tax burden”.
Precisely having placed prospective budget balances and the ability to be consequential with government action at the center of administrative action has recently led the Moody’s agency to improve the rating of the Lazio region, making it one of the attractive regions for investors. investors.
