The General Accounting Office forecasts a 4.1 percent of GDP primary surplus in 2019, exceeding the target by 0.6 percent, Alternate Finance Minister Giorgos Chouliarakis said on Thursday in an interview with the Athens-Macedonian News Agency (ANA).
The statement notes that “following the Bank of Greece governor’s statement regarding the progress of the 2019 fiscal figures… it is necessary for the Bank of Greece to clarify if the data relate to the whole of the General Government – on the basis of which the primary surplus is also calculated – or simply the state budget, and whether they are estimated on a cash or fiscal basis.”
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