Italy is preparing a new economic stimulus program of up to 13 billion euros to help businesses and families cope with rising electricity, gas and fuel costs, Deputy Economy Minister Laura Castelli said.
The new scheme, which comes on top of €33bn budgeted since January, is expected to be one of the last major moves by Prime Minister Draghi, who resigned last week, paving the way for snap elections on 25 September.
Among measures being considered, the government could temporarily remove VAT from consumer staples such as spaghetti and pasta, Castelli said.
Other measures include subsidizing energy supplies for low-income families and businesses with high energy consumption, she said.
The package will be financed from savings or from higher revenues anywhere in the state budget, without adding to the public deficit.
Source: Capital
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