Public debt, reached a record in June of 2,696.2 billion. Up by 9.2 billion compared to May
The race does not stop public debt: a few days after the arrival of the first tranche of aid from Brussels, almost 25 billion, in response to Covid, the Bank of Italy photographs the rapid growth of the debt in response to the Covid-19 pandemic. In June, according to the report “Public finance: borrowing requirement and debt” increased by about 9.2 billion compared to the previous month, resulting in 2,696.2 billion.
The requirement of the PA, equal to 15 billion, explain from Via Nazionale, is the effect of spreads and premiums on issue and redemption, the revaluation of inflation-linked securities and the change in exchange rates (which have increased the debt by 0.9 billion overall). more than offset the reduction in the Treasury’s liquidity (6.8 billion to 84.4).
Consumer associations launch the alarm on the consequences of the increase for families. The Codacons, in particular, reports how the ‘monstre’ value of the debt weighs “for a good 45,499 euros per resident citizen, including infants”. In just one month it recorded a growth of +359.5 euros per family, the association underlines. “The public debt continues to increase, and represents a very heavy ballast for the country which will be borne by future generations”, explains President Carlo Rienzi.
“L’Covid emergency, he continues, widens the chasm even more, to the point that today the debt weighs on every single Italian citizen, including infants, for over 45 thousand euros. “Tax revenues also slightly increased. Also in June they amounted to 32.6 billion euros. euro, an increase of 24.6 percent, or 6.4 billion. compared to the same month of 2020. A trend that, underlines the Bank of Italy, also depends on the postponement of some tax payments arranged with the emergency decrees approved last year first half of 2021 tax revenues were equal to 194.8 billion, up 14.7 percent (24.9 billion) compared to the same period last year.