Displaying items by tag: imf

Greece is forecast to maintain and increase a general government primary surplus in the coming years, according to the International Monetary Fund's (IMF) Fiscal Monitor report on global fiscal developments released on Wednesday. The Greek general government primary balance is forecast to increase a surplus of 0.1% of GDP in 2022 to 1.0 pct of GDP in 2023 and 2% of GDP in 2024-2025, and then to 2.2% of GDP in subsequent years up until 2028, with a further reduction of Greece's public debt.

The International Monetary Fund (IMF) on Tuesday revised, upwards, its forecast for the Greek economy this year, to 2.6 percent, up from its autumn forecast of 1.8 percent in October 2022.

The International Monetary Fund forecasts the Greek dent will soar to 200.8% of GDP, while the primary deficit will be 5.1% (instead of a surplus of 3.5% of GDP) in its forecast. The IMF also says the budget deficit will reach 9% of GDP for the country.