Next year’s budget is optimistic but also realistic, said Finance Minister Christos Staikouras during his presentation of the 2020 budget at the Parliament’s Committee on Economic Affairs, according to int.ert.gr.
The budget’s objectives are the following:
· Achieve growth rate of 2.0% for 2019 and 2.8% for 2020.
· Achieve a 3.5% primary GDP surplus for 2019 and 2020.
· Strengthening the banking system’s stability.
· Enhancing liquidity in the real economy by making use of the available European financing tools.
· Implement structural reforms that will boost the economy’s productivity and competitiveness.
· Striking a balance between economic efficiency and social justice.
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