During the quarantine period, revenues to the Italian budget decreased by 20%

In April 2020, the only month that Italy spent from beginning to end in a nationwide quarantine, tax revenues to the country's budget decreased by 20.4% compared to the same period in 2019, the country's Central Bank reported on Monday, June 15. The decrease in revenues was caused both by the economic crisis that began and the government's decision to temporarily suspend the payment of some fees, the Central Bank noted. Over the same period, in April 2020, the country's public debt grew by another 36 billion euros, that is, by about 1.5%, the department also said. Now the country's public debt is 2.467 trillion euros (more than 135% of GDP). At the end of April 2020, the number of actual detected cases of coronavirus began to decline in Italy. According to the data on