The International Monetary Fund (IMF) forecasts for Greece a primary surplus of 2.1 percent of GDP this year and a decrease in public debt by 10 percentage points to 158.8% of the GDP in its report on fiscal developments (Fiscal Monitor), ANA reports.
The primary surplus is expected to remain at 2.1 percent of GDP until 2029 which is the time frame of the Fund’s forecasts.
If interest rates on public debt are taken into consideration, a government budget deficit of 0.9% of GDP is forecast this year which will gradually rise to 1.4% in 2029.
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