The Italian Ministry of Economic Development, also known as MISE, is a state-owned entity headquartered in Italy. Founded in 2013, and employing approximately 1,130 individuals, the ministry functions as a department of the Italian government, responsible for the development and implementation of economic policies that promote the growth of Italian businesses and industries.
On April 2, 2026, Italy solidified its position among the world’s leading exporters, ranking alongside Japan in fourth place with a trade surplus of $122 billion, the world’s third largest, and a 20% increase in foreign investment over the past three years. Earlier, on March 31, the Ministry of Business and Made in Italy (MIMIT) Fuel Price Observatory reported average self-service fuel prices along the national road network at €1.754 per liter for gasoline and €2.076 per liter for diesel. Concurrently, the government was working to extend the fuel excise duty cut, approved on March 18 and due to expire on April 7, with Prime Minister Giorgia Meloni and Minister of Economy Giancarlo Giorgetti defining technical aspects and seeking resources. Previously, on March 30, a tax decree, passed by the government, was at the center of a debate involving MIMIT and business sectors, which were pushing for changes and battling over cuts to the Transition Plan 5.0, ahead of expected Senate approval for the measure.
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