Waiting for a new fiscal framework

Without a doubt, the main theme of the current domestic debate is what will be the fiscal framework that will be in force in the coming years. The only certainty we have so far is that the public sector will run a deficit in 2023, but how big is very unclear. And, of course, this is not an unimportant detail. On the contrary. Additionally, depending on what measures are adopted, the public finances may remain in the red for many years. In other words, in the coming years we may remain far from reaching the primary surplus needed to stabilize the public debt.

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