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Development and Cohesion Fund 2021-27: President Meloni expresses satisfaction with CIPESS resolution

3 August 2023

President of the Council of Ministers Giorgia Meloni expresses satisfaction with today’s decisions by CIPESS (Interministerial Committee for Economic Planning and Sustainable Development), through which the Government has assigned resources from the ‘Development and Cohesion Fund’ (‘Fondo Sviluppo e Coesione’, ‘FSC') to each Region for the 2021-27 programming period. Total resources amount to EUR 32.4 billion, representing a major contribution to economic growth and reducing regional disparities. Today’s step is a crucial one along the path initiated by the Government to coordinate regional investments, financed by cohesion policy resources.

[Courtesy translation]