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IMF confirms Italy recovery, GDP to grow 1.5% in 2017

Growth of 1.1% in 2018, 0.9% in 2019

IMF confirms Italy recovery, GDP to grow 1.5% in 2017

New York, November 13 - The International Monetary Fund (IMF) on Monday confirmed Italy's economic recovery with a projected 1.5% GDP increase in 2017, in its Regional Economic Outlook for Europe. It said Italian GDP will grow by 1.1% in 2018 and 0.9% in 2019. It said unemployment will fall to 11.4% in 2017. It estimated debt this year at 133%, to drop to 131.4% in 2018 and 128.8% in 2019. It projected the deficit at 2.2% in 2017, dropping to 1.3% in 2018 and 0.3% in 2019.

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