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IMF Fiscal Monitor predicts higher primary surpluses in Greece

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.

  • Published in Economy
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