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Italy's prime minister designate Matteo Renzi unveils his new cabinet

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Italy's prime minister designate Matteo Renzi unveils his new cabinet

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Matteo Renzi has formally accepted the mandate to form a new Italian government.

He will be the country’s youngest prime minister leading a 16-minister cabinet half of whom will be women.

The centre-left Democratic Party leader is due to be sworn in formally on Saturday morning before a vote of confidence in parliament on Monday.

The 39-year-old will be the third prime minister to reach office without winning an election. It’s reported he has spent several days negotiating with factions to formalise his coalition and will govern with the same cross party alliance as his predecessor Enrico Letta.

Taking up the key post of finance minister in parliament will be Pier Carlo Padoan, a senior economist at the Paris-based Organisation for Economic Co-operation and Development.

The PM designate has laid out what are seen as ambitious plans with promises to tackle electoral and constitutional reform. His agenda also includes making the labour market and tax systems more efficient.