The government foresees an increase in interest costs in the coming years, this year pointing to 5,895 million euros and next year more than 7,300 million euros, according to the Stability Program announced today.
In the Stability Program (SP) for the period 2023-2027, published on the website of the Assembly of the Republic and sent to the European Commission, the Ministry of Finance emphasizes that “the general increase in interest rates will have a materially relevant impact on the expenditures that will be borne in the coming years”, despite “interest rates on the Republic’s new issues remain lower than rates on treasury bills, treasury bills and official loans maturing in 2023 and 2024”.
In this scenario, the government predicts that the annual interest costs will rise to 5,985 million euros this year, 556 million euros more than it indicated in April last year, and next year to 7,357 million euros, more than 2,345 million euros than in PE 2022-2026 .
The upward trend in levies continues throughout the forecast period: for 2025, it forecasts a levy of €7.846 million and €8.211 million in 2026, for which year it points to a levy around €3 billion higher than in the previous EP was foreseen .
For 2027, it points to a charge of 8,535 million euros.
Source: DN
