The Italian parliament approved a new stimulus plan worth 32 billion euros to support the economy to cope with the effects of the Corona pandemic.
According to Arabiya Net, the government expects GDP to grow by 6% this year, while the Italian Central Bank believes that the economy will grow at half the rate the government expects.
On the other hand, Parliament expects debt levels to rise to reach 160% of GDP.
This comes at a time when US President Joe Biden adopts a stimulus plan worth 1.9 trillion dollars, aimed at helping families and companies affected by the epidemic.
