Italy’s next budget to include fiscal reform, ‘citizen’s income’ – minister

Italy’s government plans to introduce its reform of the fiscal system and a so-called ‘citizen’s income’ in the next budget, Economy Minister Giovanni Tria has said. The government had also revised down its GDP forecast for this year to 1.2 percent from the 1.5 percent previously expected, Il Sole 24 Ore quoted the minister as saying on Wednesday. He said GDP would grow by between one and 1.1 percent in 2019. Tria added that all the reform measures included in the government’s plans were “compatible” with the commitments Italy had with the EU over its public finances, Reuters reported.