Greek draft budget foresees 2.1 pct GDP growth in 2023

STORY: Greek draft budget foresees 2.1 pct GDP growth in 2023 DATELINE: Oct. 4, 2022 LENGTH: 0:00:39 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of the Greek Parliament 2. various of the Greek Finance Ministry 3. various of a flea market in Athens 4. various of a fish market in Athens STORYLINE: Greece's 2023 draft budget, submitted to parliament on Monday, foresees a 2.1-percent growth of gross domestic product (GDP) next year, according to a release from the Finance Ministry. "Greek economy has shown remarkable resilience," said the ministry in the release, adding that the growth rate for 2022 is estimated at 5.3 percent, up from 4.5 percent foreseen in the 2022 state budget. Inflation is expected to stand at 8.8 percent in 2022 and 3 percent in 2023, while unemployment is estimated at 12.9 percent this year and 12.6 next year. The primary surplus is expected to be 0.7 percent in 2023, up from a 1.7-percent deficit in 2022, the ministry said. The state budget was drafted "in c

• Product Code
• ILEA001023476

• Registered date
• 2022/10/04 00:00:00

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• Xinhua / Kyodo News Images

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