Greece projects 1.8 pct GDP growth, 5 pct inflation in 2023

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Greece projects 1.8 pct GDP growth, 5 pct inflation in 2023

STORY: Greece projects 1.8 pct GDP growth, 5 pct inflation in 2023 DATELINE: Nov. 23, 2022 LENGTH: 00:00:42 LOCATION: Athens CATEGORY: ECONOMY SHOTLIST: 1. various of the Greek Finance Ministry and people walk in front of it 2. various of people in Syntagma square in front of the Greek parliament STORYLINE: The Greek Finance Ministry forecasted the country's economy to grow by 5.6 percent this year and 1.8 percent in 2023, according to a revised estimate in Greece's final 2023 draft budget presented to the parliament on Monday. The projected growth figures in the initial draft, which was submitted in early October, were 5.3 percent for 2022 and 2.1 percent for 2023. The forecast for the annual inflation rate has been increased to 5 percent from 3 percent for 2023. In the initial draft budget, the forecast for inflation in 2022 was 8.8 percent, rising to 9.7 percent in the new draft. The primary surplus is expected to be 0.7 percent in 2023, up from a 1.6 percent deficit in 2022, the ministry said on Mon

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