GOVERNMENT'S PRIORITIES IN THE COMING MONTHS
POLICY FIELDS
DONE
IN PROGRESS
IMPACT ON GDP1
Draft Law on reforming the electoral system
-
By April 2015
Draft Law on constitutional reform
-
By 2015 (if no constitutional
referendum)
INSTITUTIONAL
REFORM
Enabling law on labour
market reform
(L.183/2014)
December 2014
Becoming Law: Lgs.D. on standard open end
contract;
Lgs.D. on new unemployment benefit scheme
By February 2015
In 2020: 0.5%
To be presented by Gov.t: Lgs. D. on code of labour
In the long run: 1.6%
contracts;
Lgs.D. on wage supplementation scheme; Lgs.D. on
From February 2015
work-life balance; Lgs.D. on simplification of
procedures.
LABOUR MARKET
AND SOCIAL
POLICY
To be presented by Gov.t: Lgs.D. on National
Employment Agency; Lgs.D. on National Agency for
Safety and Health at Work
Youth Guarantee
JUSTICE
ANTI-CORRUPTION
1
TIMETABLE
Reinforcement of apprenticeship
By May 2015 (subject to the
Drafting of the Revision of the
Constitution)
-
First semester 2015
Reform on civil justice (D.L.
132/2014, converted into
Law 162/2014)
November 2014
Reform on criminal justice
(D.L. 92/2014 converted
into Law 117/2014)
August 2014
Bill on the revision of penal code related to the
statute of limitation; on sanctions in case of
excessive length of proceedings; increase the
rights of defence (under discussion at the
Parliament)
First Semester 2015
In 2020: 0.2%
In the long run: 1.0%
Bill on the responsibility of magistracy (under
discussion at the Parliament)
First Semester 2015
Bill against falsification of financial statement
First Semester 2015
Bill on fight against crime and mafia
First Semester 2015
Bill increasing sanctions in case of corruption,
under discussion at the Parliament
-
First Semester 2015
The impact of the reforming measures is estimated with the help of the quantitative models in use at the Ministry of the Economy and Finance
(MEF): QUEST III, ITEM and IGEM models. Two scenarios are considered: i) the Trend scenario, which includes major reform provisions embedded into
law and fully enforced; ii) the Policy scenario, which incorporates both the Trend scenario and the effect of measures expected to be introduced by
the Government over the near future. The impact on GDP growth is detailed for 2020 as difference between the policy and the trend scenario. As for
the long run, it is the overall impact with respect to the baseline.
POLICY FIELDS
DONE
IN PROGRESS
Enabling Law on tax reform
(L. 23/2014)
TAXATION
Enabling legislative decrees
on fiscal simplification
(D.Lgs.175/2014), tobacco
products (D.Lgs.
188/2014), Cadastre
committee (D.Lgs.
198/2014)
IMPACT ON GDP
Legislative decrees on: cadastral values; certainty
of taxation; taxation of individual entrepreneurs;
monitor and reduction of tax evasion and tax
expenditure; VAT electronic invoicing; collections
procedures; measure for improving and simplifying
taxation of international business; tax on gambling.
Legislative decrees on: auditing and assessment
procedures, litigation procedures revision of
administrative sanctions
Reduction of labour tax
wedge (Stability Law 2015
– L.190/2014)
TIMETABLE
March 2014
(Fiscal simplification
included in the
By February 2015
estimated impact of
PA reform)
-
By June 2015 (in case of expiration
date of enabling law postponed)
In 2020: 0.2%
December 2014
In the long run: 0.2%
Reform on Self- laundry (L.
186/2014)
-
PRIVATISATION
Decrees (DPCM) required
on the privatisation criteria
Privatisation of ENEL (5%), POSTE ITALIANE (40%),
for Poste Italiane and ENAV;
FERROVIE DELLO STATO (subject to the related
IPO on Fincantieri (Gruppo
DPCMs), ENAV (49%), Grandi Stazioni.
CDP) and RAI WAY (Gruppo
RAI).
INFRASTRUCTURE
‘Sblocca Italia’ Decree
(L.164/2014)
National plan on ports and logistics
Annual law on competition to be presented by the
Government
Expected income
from privatisation:
0.7% per year over
2015-2017
-
December 2014
By 2015 (only for FS by 2016)
By 2015
In 2020: 0.8%
By February 2015
In the long run: 3.2%
COMPETITION
Approval on January, 2015
of the so-called 'Investment To be converted into Law
Compact' Decree
EDUCATION
-
Launch of the Plan ‘La
buona scuola’, approved by Reform package on plans for recruitment,
the Government and
vocational training, merit based approach on
available for public
carriers.
consultation.
In 2020: 0.3%
By February 2015
In the long run: 2.4%
Simplification and efficiency
of P.A. and judiciary offices
(D.L. 90/2014, converted
into Law 114/2014)
PUBLIC
ADMINISTRATION
and
SIMPLIFICATION
August 2014
Enabling Law on reforming the PA
By June 2015
In 2020: 0.5%
In the long run: 2.3%
Approved the Simplification
Agenda 2015-2017.
December 2014
As set in the Simplification Agenda
(for the construction sector the
completion is set for 2016)
Adoption of non-legislative acts required for the
implementation
ENVIRONMENT
By March 2015
Green Act
-
First semester 2015
IMPACT OF THE PLANNED REFORMS AS DIFFERENCE BETWEEN PLANNED AND TREND SCENARIO IN 2020 2.5%
OVERALL IMPACT OF THE REFORM ACTION: 3.9% IN 2020; 10.7% IN THE LONG RUN
MINISTERO DELL’ECONOMIA E DELLE FINANZE