Greek state budget draft plan foresses 2.1% growth rate in 2023

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Greek state budget draft plan foresses 2.1% growth rate in 2023The 2023 budget was drafted in conditions of extremely high uncertainty over geopolitical developments globally

The Greek draft state budget plan for 2023 envisages a primary surplus of 0.7% of GDP and a growth rate of 2.1%, ANA reports.

The state budget's primary deficit will reach 1.7% of GDP in 2022, down from a target for a deficit of 2.0%, while the 2022 GDP growth rate will rise to 5.3% from a target of 4.5%. The 2023 draft plan includes fiscal support measures worth 3.5 billion euros, and an additional 1 billion euros in reserve to deal with increased spending on the energy crisis.

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Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Apaleutos25

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