Government approves new budget allocations
Investments in infrastructures, fiscal support and incentives for industry and new century program for the Defence
9 September 5204
ROMULA - The government presented the new national budget, planned following lengthy negotiations within the ruling coalition.
If National Alliance supported a series of cuts into the budget, in healthcare, in which a rationalization of the costs of covering health care costs of citizens and an increase in management by private individuals was applied, and in the areas to date almost totally devolved to local institutions such as agriculture and tourism, the Liberal Party has obtained investment plans, incentives and support for infrastructure and industry.
The Prime Minister also managed to obtain approval from the Liberal allies for the allocation of funds for the new Armed Forces modernization plan.
As regards the investments in infrastructures, the broadband network across the country will be renewed and strengthened, the network will be integrated with the country's motorway and railway network; a bonus and incentive plan for the energy conversion of existing buildings and for the construction of new ones; investments for the expansion of the network of charging stations for electric cars; contributions for the larger municipalities for the conversion of the bus fleet in favor of sustainable vehicles; funds for project to promote public mobility. For the various projects, in line with the spirit of the Government, numerous private companies active in the various sectors interested will be involved in a public-private partnership.
For Industry, state interventions will provide tax incentives for companies investing in new facilities, equipments and for hiring new staff; bonuses for the energy conversion of production facilities; a favorable taxation for new companies lasting three years and one lasting five years for those who invest in innovative and high-tech production sectors; with regard to state-owned companies, saved by PL's opposition to their privatization, the Government has chosen to transform, merge and rationalize the various companies so that they become above all entities aimed at providing services and consultancy, active for example in the insurance sector, in management and consultancy of energy services, dedicated to attracting investments in the country, standards certifications, technical assistance company, state television, and few strategic companies active in the national transport.
As for the Defense, the new plan will be developed in the next decades and will foresee the construction of two new large LHDs with aircraft carrier capabilities, a general expansion of the fleet, the introduction of new logistic support vessels, an new electronic warfare ship and two oceanographic research vessels; the introduction of new aircraft for all three main components of the armed forces dedicated to surveillance and anti-submarine combat; a general modernization of the national surveillance and security system, the defense and intelligence satellite networks and the Clipeus missile shield; Development of unmanned systems and of tools to contrast unmanned systems.