State coffers breathe thanks to Maxi dividends of the Investee. In view of the next maneuver, the majority will be able to count on over 3 billion euros from the companies with public participation, from Cassa Depositi and Loans to Consap. The results reported in the budget conjunction approved in the Senate, now expected to examine the Chamber, exceed government estimates in the previous budget law.
In December, in fact, the Ministry of Economy had planned to collect about 2 billion euros from the investee companies: a figure that was exceeded by 1.3 billion.
The settlement of the budget
In the session of Palazzo Madama on Thursday 24 July, the go -ahead obtained the ddl with the General State Administration report for the financial year 2024 and the provisions for thesettling of the financial statements of the State for the financial year 2025.
According to the reports of senators Nicola Calandrini (Fdi) and Claudio Lotito (FI-BP), the report for 2024 recorded an improvement in all public finance sales:
- The net balance to be financed stands at -107 billion, with an improvement of 17 billion compared to 2023;
- Net debt improves 22 billion and public savings grows to 44.6 billion while the use of the market falls to 393 billion.
The settlement marked an improvement of the net balance to be financed by 775 million compared to the budget law, with an increase in the revenue of 17.6 billion against an increase in expenditure of 20.1 billion.
How much the parties
Among the sources of entry of the Treasury, the major revenues obtained by the companies with the participation of the State stand out in the document, with an improvement of 800 million of net indebtedness.
Dividends that the government had decided to allocate to Reduction of the debt/GDP ratiotogether with the proceeds deriving from the divestments of assets, in the structural plan of the budget 2025-2029.
At the top of the ranking of the investee companies that more than June 30 contributed to the retail the MEF coffers, place Cassa Depositi e Prestiti, which with almost 1.8 billion weighs for over half of the 3.3 billion of dividends collected by companies.
In second place is Enel with 515 million euros, followed by the Sace insurance group in third position with 405 million. Outside the Podium Poste Italiane with 286 million and Monte dei Paschi di Siena, with 127 million.
The public control company in the defense and aerospace sector, Leonardo (91 million), the ENAV civil transport management body (78 million), Eni (32.7 million), the Italian-French company of production of electronic components and semiconductors STM (18.1 million), Invimit, a 100% controlled saving management company (3.5 million), follow in the ranking. Fibercop The manager of the copper and fiber network in Italy passed by Tim to Kkr (2.4 million) and, finally, Consap, the dealership entirely participated by the MEF (1.6 million).
In relation to the management of public participation companies, however, all that glitters is not gold. As noted by the latest report of the service for parliamentary control, the Tusp (Consolidated Law on public participation companies) cannot yet be adopted in its entirety by the participatory companies, for the absence of the DPCM which should set the requirements of integrity, professionalism and autonomy required to members of the administrative and control bodies.
