--The new Italian government sees the economy growing by only 0.4% in 2020, Reuters reported Wednesday, citing "three sources close to the matter."

--The country's new budget will have tax cuts and other policies to help push growth, the report said.

--For 2020, Italy is likely to target a deficit of about 2.3% of GDP, the report said.

Full story: https://www.reuters.com/article/us-italy-economy-budget-forecasts-exclus/exclusive-italy-cuts-2019-2020-gdp-growth-forecasts-sources-idUSKBN1W320J

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

September 18, 2019 15:50 ET (19:50 GMT)