Meloni hails NRRP revamp, defends budget – English

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(ANSA) – ROME, NOV 25 – Premier Giorgia Meloni on Saturday
hailed the revamp of Italy’s post-Covid National Recovery and
Resilience Plan (NRRP) that her government agreed with the
European Commission on Friday and defended the executive’s 2024
budget bill.

   
The NRRP is a huge programme that seeks to make the Italian
economy Greener and more modern with projects funded with the
help of almost 200 billion euros in EU grants and low-interest
loans.

   
The changes agreed on Friday were the latest in a series of
modifications that seek to adapt the plan to the different
circumstances since it was drafted and prevent some of the
funding not being spent because the related projects risk not
being completed by the final deadline of 2026.

   
“Yesterday the European Commission approved the changes to the
NRRP presented by the government after a lot of hard work,”
Giorgia Meloni said via video link to the International Tourism
Forum at Lake Maggiore.

   
“It is a job that I am extremely proud of, a very complex job
that involved all the (public) institutions and (economic)
sectors”.

   
The premier dismissed criticism that the government had failed
to allocate funding for business in its 2024 budget package,
saying investments for enterprises were coming via the NRRP.

   
“There is 12.4 billion euros for businesses in the new NRRP,”
she said.

   
“When we approved the budget, some objected that resources for
businesses were missing from it.

   
“But we were simply concentrating them in our proposal to revise
the NRRP”. (ANSA).

   

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