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Italy’s Fiscal Deficit May Drop Below 3% in 2024 Amid Tax Revenue Rise

Higher tax collections could enable Italy to meet its EU deficit target a year ahead of schedule.

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Terms & Concepts
  • Fiscal Deficit: The gap between a government's total expenditures and its total revenues, excluding debt, within a given period.
  • Tax Revenues: The income collected by a government from taxes imposed on individuals, businesses, and other entities.