OECD urges reforms in Italian economy report

STORY: OECD urges reforms in Italian economy report SHOOTING TIME: Jan. 22, 2024 DATELINE: Jan. 23, 2024 LENGTH: 00:00:50 LOCATION: Rome CATEGORY: ECONOMY SHOTLIST: 1. various of screenshots of the report 2. various of street views in Rome STORYLINE: The Organization for Economic Cooperation and Development (OECD) on Monday released a report on Italian economy, suggesting an array of reforms that it said would help the country avoid an economic slowdown. The Italian government's statistics entity has estimated that the country's economy grew 0.7 percent in 2023, slightly better than the EU estimate of 0.6 percent for the eurozone. In its report, the OECD said Italy was at risk of slower growth if it did not make certain reforms, including scaling back pensions for the wealthiest residents. "Reducing the generosity of pensions for high-income households could limit the increase in spending (on pensions), while maintaining adequate public services and social protections," the report said. The

• Product Code
• ILEA002219314

• Registered date
• 2024/1/23 00:00:00

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• Xinhua / Kyodo News Images

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