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Italian Prime Minister Giorgia Meloni outlined her proposed 2024 budget on Monday, focused on tax cuts and incentives to get women back to work after having children.

Ministers in Meloni's hard-right government agreed around 24 billion euros ($34 billion CAD) in new measures focused on support for low- and medium-income families and companies after months of high inflation.

There is concern in the financial markets at the lack of focus on getting Italy's public finances in order, with Rome late last month having raised its deficit forecast.

But at a press conference in Rome, Meloni insisted it was a budget that was "very serious and realistic and which does not waste resources, but concentrates them on the main priorities."

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