IMF is pushing Italy to move faster on privatization of public services and the public sector

In a new report on the economy, the IMF is pushing Italy to move faster on privatization of public services and the public sector. “The fund said the implementation of key parts, such as improving public management or regulating local public services, has been delayed, while others, including plans to make state-owned enterprises more efficient, have been weakened. The fund said pushing ahead on these, as well as improving the skill mix of the public sector, widening the scope of procurement reform, and tackling privileges and employment in public enterprises—through privatization and subsidy cuts—were key to fostering growth.”