State will issue coins for collectors: Strange rule that will cost us 1 million euros

After the turmoil of recent days, the centre-right seems to have reached an agreement on key points of the budget law. It is a largely rewritten maneuver compared to the first version, with a variety of controversial measures ranging from the lack of pension reform to a return to Quota 103, from reducing the tax wedge to increasing VAT on health. Napkins and baby products. As with every maneuver, at least in the recent past, there is always the same rationale behind measures that have had little effect on changing the Italian balance (if not for the worse): lack of resources. The now classic “short blanket” looks even more so this year.

Rule regarding collector coins

But among the measures included in the latest version of the Budget Law is a strange rule of €1 million per year (for the next three years), which will certainly please collectors, but not so much the Italians. Article 15 on “Measures Concerning the State Printing House and the Mint” allows the printing of collectible coins of higher value than currently foreseen, up to a maximum of 1,000 Euros. maneuver, “minting coins in denominations of 0.25, 0.75, 1.5, 3, 4, 5, 6, 10, 20, 25, 50, 100, 200, 500 for collectors with legal tender status only in Italy and its printing is authorized. and 1,000 euros”. The State Mint will be responsible for creating and managing security cards, including digital, and producing the associated physical documents.

Cost of measurement

How much do these collectible coins cost us? As stated in paragraph 3, the expected expenditure “will be €1 million per year for 2024, 2025 and 2026 to finance the creation, production and management, including digital, of products and physical documents recognized as security cards” as well as security card traceability systems. for its development and implementation”. The expenditure of 3 million euros over the next three years will be used to “promote and develop information campaigns to promote the maximum dissemination of information and the correct use of traceability and anti-counterfeiting value card systems for the benefit of the elderly population”. Of course, with a budget exceeding 20 billion euros, a million a year may seem like an insignificant amount, but since it is public money that must be spent on improving the conditions of the entire population, the question that automatically arises is always the same: couldn’t they have invested in something else?

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Source: Today IT