“By next Friday, we will adopt [measures] to support the economy for all the sectors affected across the country,” Gualtieri said in an interview published on Sunday in Italian daily La Repubblica.
“I have no reason to fear Brussels contesting our request.”
He added that the government would introduce tax credits for companies that reported a 25 per cent drop in revenues, as well as tax cuts and extra cash for the health system.
The package must still be approved by the Italian parliament and the European Union.
Every EU member state must keep within strict budget rules and limit deficit spending to set amounts or face sanctions and fines from Brussels.
Gualtieri said the figure should come in at “between 1.6 and 1.7 percent” of GDP and well within the constraints set by Brussels.
But he also admitted that the epidemic would make a tangible impact on growth over the first three months of 2020.
The Italian government had already on Friday unveiled a first set of support measures for businesses and communities in 11 small towns in northern Italy quarantined because of the outbreak.
COVID-19 has killed 34 people and infected more than 1000 people in Italy.
