Italy, IMF predict improvement in Italian debt, deficit

ROME, April 12 (Xinhua) -- Italy's debt and deficit levels are falling, according to new data from the Italian government and the International Monetary Fund (IMF). However, the two authorities hold differing views on the rate of change.

The Italian government predicted this week that the country's public debt would fall to 142 percent of its gross domestic product (GDP) this year. Next year, it will decrease further to 141.2 percent, before falling to 140.4 percent in 2026, according to the government's budget outline.