Italy is expected to see a €4 billion ($4.3 billion) increase in tax inflows over the next two years, primarily due to measures affecting the banking sector.

This increase in tax revenue is attributed to the postponement of tax deductions on banks. The government budget document obtained by Bloomberg outlines these measures.

Prime Minister Giorgia Meloni's administration is set to benefit from these adjustments, which aim to strengthen the country's fiscal position. This strategic move reflects the government's ongoing efforts to navigate economic challenges and leverage the financial sector's contributions to public revenue.