The Italian Senate on Saturday passed the government's deficit-cutting 2025 budget, giving parliament's final approval to the package which becomes law just ahead of an end-year deadline. Prime Minister Giorgia Meloni's third budget aims to lower next year's fiscal deficit to 3.

The Italian parliament finally passed the 2025 budget on Saturday. The financial plans of the right-wing three-party coalition of Prime Minister Giorgia Meloni, with a total volume of €30 billion ($31.

The measures, pushed by the far-right cabinet headed by Premier Giorgia Meloni, won final approval in the Upper House by 108 votes to 63. The country’s center-left opposition had harshly criticized the economic package, saying it didn’t meet the premier’s pledges to slash taxes for most Italians and boost employment.

Italy’s parliament gave a final green light to the 2025 budget just days before a year-end deadline, in a win for Prime Minister Giorgia Meloni.