26 October 2001, 14:45 Italy govt sees 2001 bugdet deficit 1.2-1.3 pct of GDP
SORRENTO, Italy (AFX) - Economy ministry undersecretary Vito Tanzi
said this year's budget deficit is expected to total 1.2-1.3 pct of
GDP.
Speaking on the sidelines of a conference, Tanzi said that in the
aftermath of the terrorist attacks in the US it is not "reasonable" to
expect GDP growth of 2.3 pct in 2002 as forecast by the government and
growth will be nearer to 2.0 pct.
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