Italian PM considering sovereign wealth fund

Giorgia Meloni
Giorgia Meloni
Presidenza della Repubblica

Italian prime minister Giorgia Meloni has suggested her government might create a sovereign wealth fund.

Speaking to business daily Milano Finanza in an interview published April 22, Meloni spoke of “a national sovereign wealth fund, open to private contributions”.

Meloni said the fund could support domestic industrial and technological endeavours. She said it could draw on “Italy’s enormous savings”.

The Italian banking sector union, Fabi, estimated total household savings were more than €5

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