In her latest tax return, Italian Prime Minister Giorgia Meloni declared an income of €459,460, marking a significant increase from the €293,531 she declared in 2023.
This rise reflects her earnings as an MP, along with various allowances and possible other sources, though she declined her Prime Minister’s salary of around €80,000 annually.
Her salary as a politician, therefore, is a base salary of €11,703 per month, which equates to €5,346 after taxes.
Meloni’s income has increased year-on-year over the past four years. In her 2023 declaration (relating to fiscal year 2022) Meloni declared €293,531; fiscal year 2021 it was €160,706, and for fiscal year 2020, the Fratelli d’Italia leader declared €134,206[i].
Are there limitations on income generating activities for a Prime Minister?
As the Prime Minister of Italy, Giorgia Meloni receives her primary income from her official salary as a public official. The salary of the Italian Prime Minister is set by the government and is subject to public transparency. In addition to her role as Prime Minister, Meloni is a member of the Italian Parliament, from which she also receives a salary.
Public officials in Italy, including the Prime Minister, are also required to disclose their assets and income. This system ensures a level of accountability, and their income is derived from their political duties rather than private enterprises while in office. Prior to becoming Prime Minister, Meloni earned income from her roles as a politician, party leader (of Fratelli d’Italia), and as a member of the European Parliament.
If any additional income is reported, such as earnings from book deals or speaking engagements, it would also need to be publicly disclosed according to Italian law. However, while in office, public officials must comply with regulations that prevent conflicts of interest.
All Italian MPs can claim the following:
- Daily allowance totalling €3,503.11 for the year
- a reimbursement for mandate expenses of €3,690
- €1,200 per year for telephone reimbursements
- between €3,323.70 and €3,995.10 every three months for transport expenses
How do other politicians compare?
Deputy Prime Minister Matteo Salvini reported an income of €99,699 for the year, the same as in the previous year. He also disclosed that he had sold his shares in companies like A2A, Acea Spa, and Enel. Additionally, Salvini claimed €1,346 in deductions for building restoration and anti-seismic improvements in his tax filing.
Elly Schlein, Democratic Party leader, maintained her previous income of €98,471.
The spokesman for the Greens Angelo Bonelli declares around 101 thousand euros while the M5s leader Giuseppe Conte has not yet presented his declaration. other notable figures like Adolfo Urso reported around €103,000.
The financial declarations of all parliamentarians, including Meloni’s, are publicly available on the official websites of the Chamber of Deputies and Senate, ensuring transparency in Italy’s political system.
[i] Source: https://en.money.it/Giorgia-Meloni-net-worth-earnings-and-salary-of-Italy-s-prime-minister
