How are we doing?

• Total authorised spending€941.6bn
• Money for Regions and Municipalities (health is included)€154.1bn

  In the final accounts: «Relazioni finanziarie con le autonomie territoriali». The money the State passes on to Regions and Municipalities. This is mostly funding for regional health services (hospitals, family doctors, medicines), plus funds for Municipal services.

• Tax administration, tax refunds and public finance operations€132.2bn

  In the final accounts: «Politiche economico-finanziarie e di bilancio e tutela della finanza pubblica». The State’s tax and finance machinery: the Revenue Agency and tax collection, tax refunds to taxpayers, management of State shareholdings.

• Pensions: State transfers to INPS€122.2bn

  In the final accounts: «Politiche previdenziali». State transfers to INPS: these cover the part of pensions and welfare payments that workers' contributions aren’t enough to pay for.

• Interest on the public debt€99.2bn

  In the final accounts: «Debito pubblico». The amounts authorised for interest to those who have lent money to the State by buying BTP, BOT and other government bonds.

• Incentives and support for businesses€85.2bn

  In the final accounts: «Competitività e sviluppo delle imprese». Incentives for businesses: tax credits, loan guarantee funds, support for sectors in crisis or considered strategic.

• Universal child benefit, poverty and disability€67.1bn

  In the final accounts: «Diritti sociali, politiche sociali e famiglia». Support for people: the universal child benefit, anti-poverty measures such as the inclusion allowance, support for disability and long-term care needs.

• Schools€58.2bn

  In the final accounts: «Istruzione scolastica». Schools: the pay of teachers, the running of schools, support for pupils with disabilities.

• The European Union, embassies and cooperation€37.7bn

  In the final accounts: «L'Italia in Europa e nel mondo». Italy’s contribution to the European Union budget, embassies and consulates, development cooperation.

• Other missions, difference from the total€185.7bn

• Total expected revenue€754.6bn
• IRPEF, the personal income tax€244.8bn

  In the final accounts: «Imposta sul reddito delle persone fisiche».

• VAT, the tax on what you buy€206.5bn

  In the final accounts: «Imposta sul valore aggiunto».

• IRES, the tax on company profits€64.0bn

  In the final accounts: «Imposta sul reddito delle società».

• Substitute taxes on income€44.9bn

  In the final accounts: «Imposte sostitutive sui redditi».

• Excise duties on fuel and energy€31.6bn

  In the final accounts: «Accise su energia e oli minerali».

• Other taxes, difference from the tax revenue total€60.1bn
• Other revenue, excluding taxes€102.7bn

Budget guide. Continue: how much of the authorised amount was paid? →