The Italian government has been praised for its excellent work in collaboration with relevant institutions and implementing bodies in the implementation of the new Italian Plan. This collaboration has freed strategic resources to fuel Italy’s structural economic growth, making Italy the leader in Europe for objectives achieved and financial progress.
Despite negative predictions, the government’s efforts have proven successful in securing European resources and achieving ambitious goals with the Pnrr. Italy is set to submit a request for the sixth installment, amounting to 8.5 billion euros, following the successful verification of the fifth installment. The progress made in investments and reforms aligns with the 2024 forecasts of the Plan, enabling the activation of the verification and reporting activity for the seventh installment worth 18.2 billion euros.
Minister for EU Affairs Raffaele Fitto emphasized the significant increase in investments in public works, particularly in the South, which recorded a growth rate of over 50% in 2023. This progress signifies Phase 2 of the Pnrr, focusing on concrete investments to shape Italy’s future. The control room meeting set the stage for submitting the request for the sixth installment and beginning the verification process for the seventh installment, highlighting Italy’s commitment to utilizing European resources effectively for economic development.
The recent control room meeting on Pnrr at Palazzo Chigi confirmed positive comparison with European Commission and highlighted successful planning and implementation of virtuous policies to bridge territorial gaps in competitiveness and productivity. Overall, these results demonstrate Italy’s determination to fulfill Pnrr objectives and maximize benefits of European funds for country’s growth.
In conclusion, Prime Minister Giorgia Meloni commended government’s excellent work alongside relevant institutions and implementing bodies on implementing Italian Plan successfully securing European funds while achieving ambitious goals such as making Italy a leader in Europe for objectives achieved and financial progress despite negative predictions that initially predicted failure.
