Maneuver, spending cuts: ambitious goal

In the difficult hunt for resources there is also the reduction of ministerial costs. The government has raised the bar, bringing the savings to be achieved next year to two billion. An operation yet to be defined in detail

The spending cuts can no longer be postponed, said the head of the Treasury Giancarlo Giorgetti, ready – he promised – to bring the ax down on the ministries on his own initiative if his government colleagues don’t think about telling them where to use the scissors. A task that, at the moment, few would have done, while the maneuver calendar is ticking and all the necessary resources must be found.

The frantic race for resources

From the savings of central administrations, which can translate into fewer services and benefits for citizens, it is expected to generate two billion for next year. A figure which in the public budget is not an enormity but which would give life to a finance company which, however limited and despite the greater deficit, is thirsty for funds.

More robust spending review

However, the two billion target appears ambitious. Not only because the spending review has given birth to mice in the past, but also because the bar has been raised (a lot). Two months ago Palazzo Chigi had indicated, ministry by ministry, how much money needed to be saved. In total it reached one and a half billion. But in three years. Even if Giorgetti said that the new figure takes into account the budgeted cuts, it is a matter of turbocharging: 1.7 billion more than the 300 million for 2024 put in black and white on August 7th.

The biggest savings from the Treasury

Since the Ministry of Economy is the one that handles the most money, it will be precisely this one that will have to make the most sacrifices, perhaps even putting a billion on the table. But everyone will have to tighten their belts, starting from the Ministry of Business, Infrastructure and Defence.

Waste in the crosshairs

A series of items would be excluded from the viewfinder, including personnel and investment expenses. In practice we should attack waste, a concept certainly not set in stone. While waiting for detailed guidelines, Palazzo Chigi has made it clear that it will be necessary to aim the scissors in a targeted manner, but Giorgetti’s warning remains unchanged: “The work that the individual ministers have not done will be done by the Minister of Economy in their place.” “.