Italy plans 19 billion euro asset sale through 2028

The Italian government aims to raise 0.8% of GDP by selling stakes in state companies like Eni and ENAV. These disposals are intended to stabilize debt levels.

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The government of Italy has outlined a strategic roadmap for state asset disposals through 2028, aiming to generate revenue equivalent to approximately 0.8% of its national output. According to a multi-year budget plan (DFP) released on Thursday, these sales are expected to yield nearly 19 billion euros ($22.21 billion) as the country seeks to manage its significant public debt burden.

Pedestrians pass by retail storefronts in the heart of Rome, Italy, during late 2023. REUTERS/Remo Casilli/File Photo
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