Greek FinMin: Best use of recovery funds key to achieving investment grade

A prudent fiscal management and the best use of available funds will allow Greece to face the uncertain times effectively, and to achieve investment-grade status, which is the principal national goal for 2023, Finance Minister Christos Staikouras told Athens-Macedonian News Agency (ANA-MPA).

The Finance Ministry has ten challenges/goals for the Greek economy, Staikouras said, outlining them as follows:

– Securing the current fiscal responsible attitude
– Implementing interventions to manage economic repercussions of multilevel crises
– Continuing and boosting tax relief for households and businesses (for the middle class, mainly)
– Supporting citizens’ available income
– Boosting social housing and homes
– Continuing to implement structural reforms
– Front-load exploiting of Recovery Fund and Resilience resources, and executing the Program of Public Investments as effectively as possible
– Managing the high, accrued private debt, and limiting the danger of creating new debt following external-related crises 
– Boosting National Defense, and 
– Actively participating in formulating a new European economic structure, as Greece has been doing for the last 3.5 years.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Tilemahos Efthymiadis

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