Italy cuts 2021 GDP growth forecast to 4.1% from 6.0%

The Italian government has cut its gross domestic product GDP growth forecast for 2021 in the April release to 4.1% from 6%Reuters reported Monday, citing three government sources familiar with the matter.

In a positive tone, growth forecast for 2022 is expected to rise to 4.3% from 3.8%.

“The forecasts do not include the impact on the economy of the new stimulus package to be announced in April“Reuters notes.

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