Italy

Overview

Luigi di Maio

Minister of Economic Development, Labor and Social Policies
Italy

Role in MI

Progress towards doubling public investment

Country-determined baseline year(s): FY 2013
Baseline funding amount: EUR ‎€222 million
Doubling target year: FY 2021
Doubling target amount: EUR €444 million

Find out more about how Italy’s baseline and doubling are calculated

Note: All data is provisional. The Italian MI baseline has been set at 222 million Euro with reference to the 2013 spending, doubling to Euro 444 million by 2021. The 2018 budget law foresees the establishment of a Fund for the development of immaterial capital, competitiveness and productivity managed by the Ministry of Economy, in agreement with the Ministry of Economic Development and the Ministry of Education, Universities and Research, which will be used partially to cover the doubling commitment, together with other funding sources. The amount for the year 2018 is 5 million Euros, for each of the years 2019 and 2020 is 125 million euros, for each of the years from 2021 to 2024 is 250 million euros, for each of the years 2025 to 2030 is 210 million euros and from the year 2031 is 200 million euros.