IMF says Italy economy could grow by around 4.25% this year

The Italian economy could grow by around 4.25% this year, the International Monetary Fund said on Tuesday, hiking its previous forecast of 3% made in January.

The IMF said its projection, made in a report following its annual so-called “Clause IV” visit to Italy, was dependent on COVID-19 vaccinations being well advanced by late summer and continued economic support measures.

It warned that the latest forecast was surrounded by “considerable uncertainty”.
Source: Reuters (Reporting by Gavin Jones; Editing by Crispian Balmer)