Meloni's 2024 Budget Aims to Support Struggling Italians Despite Deficit Concerns

Giorgia Meloni's 2024 budget plans include 24B euros in new measures to support households and businesses struggling with inflation.

The budget allows for higher deficit spending despite declining economic outlook, raising alarm among financial markets.

Key measures include tax cuts for low earners, support for working mothers, and incentives for hiring women and young people.

Meloni aims to boost Italy's low birth rate through exemptions and benefits for working mothers.

Higher deficit is largely due to additional costs of the superbonus home renovation incentive, not new spending by Meloni's government.