The super jackpot and the front bonus cost 45.2 billion more than the estimates: the expected spend for the front bonus is 5.9 billion, the actual jackpot is 19 billion, and for the super bonus we increase from an estimate of 35 billion to 76.1 billion. . The final result: From the estimated total spend of 41 billion, we have come to an actual spend of approximately 86 billion, with a margin of over 100% (ironically about 110%). The data were exemplified by Giovanni Spalletta, director general of the Ministry of Economy’s Finance department, at the hearing at the Chamber’s budget commission.
Regarding the super bonus, Enea’s latest report documents that as of April 30, eligible investments were actually around 76 billion. The average expenditure per intervention remains very high: On average, more than 117,000 Euros are spent renovating a house, while it drops to 98,000 Euros for functionally independent properties. Expenditure for castles is over 139 thousand euros, for condominiums it is around 611 thousand euros. In total, interventions were made in 61,243 condominiums, 232,000 detached buildings (villas) and 113,000 independent units. With the super bonus, all six castles were redeveloped for a total expenditure of 839 thousand euros.
Source: Today IT

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.