Reuters · October 15, 2026

Italy Plans to Raise 0.44% of GDP From the Financial Sector Over 2027-2029, a Government Document Shows

• Italy plans to raise 0.44% of gross domestic product from the financial sector to help fund its budget over the 2027-2029 period, a government document showed on Thursday, according to the report.
• The contribution will be permanent rather than a one-off measure, amounting to 0.21% of GDP in 2027, 0.13% in 2028 and 0.1% in 2029, according to the Draft Budgetary Plan sent to European Union authorities cited in the report.

Figures via Italy's Draft Budgetary Plan, cited in the original report. Original headline: "Italy to raise 0.44% of GDP from financial sector through 2029 to fund budget".