Sees 2017 at 1.3% (was 0.8%)
The IMF now sees Italy GDP growth of 1.3% for 2017 vs 0.8% last.
They add:
- Sees growth around 1 % in 2018-2020
- Calls on Italy to set up universal anti poverty scheme
- Should accelerate repair of bank balance sheet
- Modern real estate tax should be introduced
- Risks to recovery include monetary policy normalization.